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Credit Card Interest Rates Rise To Near-Record Levels

PYMNTS

Credit card spending is also the highest it has ever been recently, as the market for Mastercard and Visa is higher than $600 billion. More than 100 million new credit card accounts have been added since 2010, which means the total amount of customers was at 486.5 trillion since 2010. million in Q2. payments ecosystem.

Cards 152
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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 

PYMNTS

“We’re proud to deepen our relationship with Phillips 66 and to leverage its powerful market presence, which has expanded nationally over the last few years,” said Jay Collins, Senior Vice President and General Manager of Small Business and Channel Partnerships at WEX in a press release.

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California Legislature Passes AB-1864 Setting the Stage for the “Department of Financial Protection and Innovation” and the California Consumer Financial Protection Law

CFPB Monitor

When the bill becomes law, the DBO will be renamed the Department of Financial Protection and Innovation (“DFPI”) and the agency will gain the authority to enforce all California laws relating to “persons offering or providing consumer financial products or services in [the] state.” California Consumer Financial Protection Law.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

Meeting 52
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The 13 Biggest Fintech Awards Shows in 2024

Fintech Labs Insights

Some events pay referral or listing fees, which could impact positioning. Related: Top 16 U.S. Related: Top 16 U.S.

Fintech 15
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Stripe Launches Custom Analytics Tool for Businesses

PYMNTS

The feature removes barriers surrounding the requirements of existing analytics tools available in the market today. Stripe is a leading innovator in the financial technology space. Sigma is baked directly into the Stripe service and does not rely on the use of an API to handle data.

Analytics 106
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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. Aviva Ventures.