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.

Cards 312

Cards Online 312

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.

Payments 487

Payments Cards Study 487

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

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 418

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

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 195

Payments Dive

OCTOBER 3, 2022

Roger Marshall, seek to attach their credit card competition legislation to a defense spending bill. Dick Durbin and his Republican ally, Sen.

Cards 467

Cards 467

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 378

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.

Cards 397

Cards Marketing Report Industry 397

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.

Cards 459

Cards 459

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 434

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 Payments Online 394

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 456

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.

Cards 448

Cards Report Online 448

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 397

Payments Dive

JULY 10, 2023

With consumers increasingly tapping medical credit cards to pay for healthcare costs, the Biden administration is zeroing in on regulations to police such financial services.

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Cards Regulation 221

Payments Dive

AUGUST 9, 2023

Second-quarter credit card balances saw “the most pronounced worsening in performance” compared to other categories such as housing and student loan debt, the New York Fed said.

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Cards New York 195

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 396

Payments Dive

NOVEMBER 21, 2022

Families of all income levels plan to increase holiday spending this year, and they expect to rely more heavily on credit cards for their purchases.

Cards 397

Cards 397

Payments Dive

SEPTEMBER 11, 2023

The credit cards, which can promise patients deceptive no- or low-interest rates, are increasingly being offered in hospitals and physician offices, a PIRG report said.

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Cards Report 221

Payments Dive

JULY 26, 2023

Mastercard teamed with Billtrust to begin offering the new tool, which will automate the process of sending and accepting virtual cards for business-to-business payments.

Cards 195

Cards Tools Payments 195

Payments Dive

JULY 6, 2023

senators, the top 10 credit card issuers outlined their late fee practices and warned of potential consequences if fees are capped as the CFPB has proposed. In responses to a group of U.S.

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Cards Groups 195

Payments Dive

MARCH 16, 2022

As they turn toward credit cards, industry analysts say these consumers are likely to keep card companies on their toes. Each generation has approached credit differently; Gen Z is no exception.

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Cards Industry Company 481

Payments Dive

MARCH 14, 2022

In a rare TV appearance, the director of the Consumer Financial Protection Bureau said that the payments industry isn't competitive enough and that fee hikes by the big card companies would add "insult to injury" at a time of inflation. He noted new fintech tools could ultimately be a benefit if they add competition.

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Cards Fintech Payments Tools 435

Payments Dive

MAY 12, 2022

While first-quarter consumer credit card debt rose relative to the same period last year, it dropped compared to the fourth quarter. Meanwhile, consumers' outlook on the availability of credit deteriorated.

Cards 397

Cards Data 397

Payments Dive

JUNE 5, 2023

The card company is “putting a lot of time and effort” into preventing customers from being victims of those scams, CEO Steve Squeri said.

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Cards Company 243

Payments Dive

JULY 5, 2022

As companies grapple with inflation and supply chain snarls, the business payments firm says it’s targeting those that need credit cards for workflow capital.

Cards 418

Cards Payments Capital Company 418

Payments Dive

JANUARY 17, 2023

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

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Cards Data 243

Payments Dive

MAY 5, 2022

Dick Durbin pushed for a handful of reforms of credit card fee practices at Wednesday's Senate Judiciary Committee hearing on "excessive swipe fees," but didn't offer plans for new legislation.

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Cards 415

Payments Dive

JULY 18, 2023

Ten banking and payments trade associations sent a letter to Congress on Friday objecting to the Credit Card Competition Act.

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Cards Payments 195

Payments Dive

MARCH 24, 2023

The agency wants to give consumers more information from credit card issuers so that it’s easier to compare the cards’ offers, especially their interest rates.

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Cards 221

Payments Dive

JUNE 28, 2023

The card aimed at providing more financial services to merchants comes amid a slew of competition to serve that clientele.

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Cards 221

Payments Dive

SEPTEMBER 1, 2020

The world of payments is changing and what was once a preferred way to pay, with a debit or credit card, is being overtaken by the contactless and card-not-present methods. Was the pandemic to blame or is something more?

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Cards Payments 493

Payments Dive

OCTOBER 7, 2022

Uber’s new debit card will provide drivers up to 10% cashback on gas, 12% on EV charging and instant pay after completion of a ride or delivery.

Cards 360

Cards 360

Payments Dive

JULY 17, 2023

The state’s legislature passed a bill recently to cap credit card surcharges. One experienced payments executive believes that’s the wave of the future.

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Cards Payments 195

Payments Dive

FEBRUARY 21, 2023

The Consumer Financial Protection Bureau has threatened action over card issuers not reporting full consumer payment data for tracking credit histories.

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Cards Report Payments Data 243

Payments Dive

DECEMBER 21, 2022

With the bill unlikely to be passed by Congress this week, supporters of the Credit Card Competition Act are turning their attention to next year.

Cards 243

Cards 243