Payments Dive

APRIL 18, 2024

The Swedish buy now, pay later pioneer revised its approach to credit cards in the U.S. market, ditching a more expensive version it touted two years ago.

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Cards Marketing 195

Payments Dive

FEBRUARY 7, 2024

Consumers’ credit card debt rose nearly 5% in the fourth quarter, compared to the third quarter, adding to delinquencies as well.

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Cards 398

Payments Dive

DECEMBER 6, 2023

The card issuer’s premium designation isn’t compatible with all potential card issuing partners, Amex CEO Steve Squeri said Tuesday.

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Cards Apple Report 398

Payments Dive

MARCH 25, 2024

The card network giant identified 556,000 card accounts that were put at risk as a result of the cybercrime ring BidenCash’s release of data online in December.

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Cards Fraud Online Data 222

Payments Dive

SEPTEMBER 21, 2023

The state’s lawmakers approved a bill that would ban the use of plastic for gift cards by 2027, but it’s still waiting on the governor’s signature.

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California Cards 460

Payments Dive

SEPTEMBER 29, 2023

“There's a huge, huge upside” for the environment every time a gift card is made from paper instead of PVC plastic, Blackhawk Network Senior Vice President Cara Renfroe said in an interview last week.

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Cards 419

Payments Dive

NOVEMBER 21, 2023

As consumers have leaned on credit cards more in recent months, applications for credit card limit extensions also rose, the New York Fed said Monday.

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New York Cards 431

Payments Dive

JANUARY 24, 2024

Credit cards balances, auto loans and high rents are straining low-income consumers’ limited budgets, the New York Fed details in a new report.

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Cards New York Report 409

Payments Dive

SEPTEMBER 1, 2023

Dick Durbin and Roger Marshall railed against expected credit card fee increases following a report that hikes are planned for October and April.

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Cards Report 419

Payments Dive

SEPTEMBER 15, 2023

The fight over the Credit Card Competition Act is intensifying on Capitol Hill, with Senate floor diatribes and doughnut truck freebies.

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Cards 419

Payments Dive

MARCH 27, 2024

Major credit card providers offset attractive rewards programs with fees and interest, costing consumers carrying balances, CFPB Director Rohit Chopra said.

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Cards 244

Payments Dive

MARCH 26, 2024

The tech giant’s fees for credit card transactions “cut into funding for features and benefits that banks might otherwise offer smartphone users,” the Department of Justice said in suing the company earlier this month.

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Cards Apple Company 261

Payments Dive

FEBRUARY 14, 2024

Dick Durbin, sponsor of a card network competition bill, urged the CEOs of Visa and Mastercard to appear at an April congressional hearing and not send their underlings.

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Cards 261

Payments Dive

AUGUST 25, 2023

After recasting its card strategy, the buy now, pay later provider is taking a gradual approach to adding new cardholders, teasing more rewards to come.

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Cards Strategy 369

Payments Dive

OCTOBER 20, 2023

The Fed hasn’t changed a debit card fee cap since it was put in place in 2011, but it's planning to take up the issue at a meeting next week.

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Cards Meeting 436

Payments Dive

OCTOBER 26, 2023

"With credit card debt crossing the trillion dollar mark, we will be working to prevent bait-and-switch tactics when it comes to rewards,” CFPB Director Rohit Chopra said in a Wednesday press release.

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Cards 405

Payments Dive

APRIL 24, 2023

Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.

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Study Cards Payments 487

Payments Dive

JUNE 23, 2023

The online broker said it agreed to acquire the credit card business for $95 million. X1 doesn’t charge card holders annual or late fees, but does charge interest.

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Cards Online 313

Payments Dive

MARCH 5, 2024

The Consumer Financial Protection Bureau finalized a rule that sets a “threshold” of $8 for late fees that can be imposed by large credit card issuers, and eliminates automatic inflation increases.

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Cards 244

Payments Dive

FEBRUARY 1, 2023

The Consumer Financial Protection Bureau proposed a new rule that would effectively cap credit card late fees and potentially save Americans $9 billion.

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Cards 419

Payments Dive

NOVEMBER 22, 2022

Consumer demand for credit cards rose this year over prior years, and card issuers increasingly approved their applications despite the worsening economic climate.

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Cards 379

Payments Dive

JANUARY 22, 2024

If it were to pass, the Credit Card Competition Act proposal would result in additional costs without any gains, argues one payments industry consultant.

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Cards Industry Payments 222

Payments Dive

SEPTEMBER 10, 2022

An international standards body approved a new merchant code that will apply to gun sellers for transactions using credit card networks like Visa and Mastercard.

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Cards 461

Payments Dive

MAY 26, 2022

Russia's invasion of Ukraine is affecting card chip prices because Ukraine is home to two companies that produce half of the world’s neon supply, a key ingredient in chips.

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Cards Company 458

Payments Dive

MAY 16, 2023

First-quarter credit card balances jumped 17% over the same period last year, according to New York Fed data.

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Cards New York Data 362

Payments Dive

NOVEMBER 20, 2023

card company now has a means of processing card payments inside China, after years of waiting on Chinese government approvals.

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Cards Payments Company 274

Payments Dive

FEBRUARY 1, 2024

Acquiring the digital rewards startup will bolster Blackhawk Network’s rewards platform, the gift card company said.

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Cards Company 222

Payments Dive

FEBRUARY 17, 2023

Despite a pause in payments required for federal student loans, younger borrowers particularly are showing higher credit card delinquencies.

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Cards Payments 436

Payments Dive

JANUARY 19, 2024

The state legislation relating to credit card surcharges is poised to keep percolating in a pack of states this year, following new laws in some last year.

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Cards 244

Payments Dive

MAY 8, 2023

The medical credit card industry has expanded in recent years as healthcare providers promoted the cards to patients, the agency said in a report.

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Cards Marketing Industry Report 398

Payments Dive

MAY 5, 2022

Employers with a Grubhub Corporate Account can set parameters on when workers can use the pay card or choose to give them a daily or weekly credit to use when ordering from partner restaurants on the delivery marketplace.

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Cards 397

Payments Dive

OCTOBER 12, 2022

Dick Durbin wasn’t able to attach the Credit Card Competition Act proposal to a defense funding bill this week, but he will try again next month.

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Cards 398

Payments Dive

MARCH 7, 2023

The gunman in a 2019 attack at an El Paso Walmart store likely used a credit card to buy his gun online. This story is one in a series of pieces tracking payment methods for guns used in mass shootings.

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El Paso Cards Online Payments 395

BankBazaar

APRIL 19, 2024

Confused by Credit Card jargon? This blog post is your saviour, translating complex Credit Card terminology into plain English. Dive in and learn to speak the language of Credit Cards – without getting lost in translation! Payment Due The date by which the payment must be received by the Credit Card issuer to avoid late fees.

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Cards Payments Meeting Tools 78

Payments Dive

OCTOBER 3, 2023

Retailers may feel the pinch, especially those whose own store cards are facing rising delinquencies and a potential cap on late fees.

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Cards Retail 398

Payments Dive

AUGUST 10, 2023

The telecom carriers are incentivizing customers to use their debit cards or bank accounts, as opposed to credit cards, in automatic bill-pay programs.

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Cards Mobile 370

Payments Dive

MARCH 28, 2023

Global credit card transaction value rose both online and in stores last year, despite an earlier FIS projection of a decline.

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Cards Report Online 450