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How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More

The Financial Brand

This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand. This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand.

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Cross-Selling and Upselling – 2 Drivers of Relationship Profitability

South State Correspondent

In two previous articles ( here and here ) we discussed how loan size and loan term affect the profitability of commercial loans. In this article, we consider the common features of upselling and cross-selling. In this article, we consider the common features of upselling and cross-selling.

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Banks Tighten Up as Card Delinquencies Jump

The Financial Brand

This article Banks Tighten Up as Card Delinquencies Jump appeared first on The Financial Brand. This article Banks Tighten Up as Card Delinquencies Jump appeared first on The Financial Brand. Low-income borrowers with the highest levels of unsecured debt are showing signs of stress that banks must pay attention to.

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CFOs Are Guiding Employees Toward Corporate Cards

PYMNTS

More CFOs are guiding their organizations toward corporate cards in lieu of offering after-the-fact reimbursements via expense reports, The Wall Street Journal recently reported. Research suggests companies are turning to corporate cards for their security as well. Many businesses are turning to virtual cards for these benefits.

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JPMorgan Takes On Square And PayPal At The Point Of Sale

PYMNTS

Using QuickAccept, SMBs can take payments through a mobile app or contactless card reader and get the funds instantly, with no fee. Before Square, launched by Twitter co-founder Jack Dorsey in 2009, SMBs had a hard time maneuvering point-of-sale (POS) card transactions. 21) CNBC report. Square, for example, charges a 1.5%

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Credit Cards Evolve Toward All-Purpose Financial Services Accounts

The Financial Brand

This article Credit Cards Evolve Toward All-Purpose Financial Services Accounts appeared first on The Financial Brand. Personal loans & BNPL can increasingly be accessed via card accounts — among trends reshaping how consumers use this banking product.

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Consumer Credit Update for 2Q 2023

South State Correspondent

Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders.

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