For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit card siren song of rewards points, cash-back offers, and financial flexibility. Get the Full Story Complete the form to unlock...
When it comes to credit, baby boomers and seniors stand out for their distinct preferences. Despite being major users of credit cards and store cards, these older consumers show little interest in adopting new credit products or alternative payment methods like buy now, pay later...
Consumers’ relationships with credit are shaped by various life circumstances, which influence their decisions to enter or leave the credit market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
By now, the story of the birth of the credit card has taken on the stuff of legend. The current state of that legend dates the key event to Feb. 8, 1950. That’s 75 years ago today. And here we are. Get the Full Story...
Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The general tone of earnings season has been cautiously optimistic, as banks and payment networks have pointed to the willingness of consumers to keep spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Conventional wisdom is that younger generations are tech-savvy and the most willing to try new devices, apps and payment methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
American Express said Thursday (Jan. 16) that it expects to pay $230 million to settle previously disclosed investigations by the U.S. Department of Justice and the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
