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Payments Firm i2c Opens Op Center In Omaha

PYMNTS

Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. The Omaha location will be used, the company said in a release Tuesday , to expand the account management, operations and client services divisions, and will also be the setting of a network operations center.

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Cabela’s Bids Expected This Week

PYMNTS

which is interested in Cabela’s credit card business, World’s Foremost Bank, sources told Reuters. Cabela’s investor Elliott Management last year disclosed an 11 percent stake in Sidney, Nebraska-based Cabela’s and is reportedly urging a sale to pull value out of the hard-hit by recent trends retail operation.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

“Providing our store guests with options that fit their shopping preferences — whether that be shopping in-store or using curbside pickup and at-home delivery — is part of our commitment at SpartanNash,” said Tom Swanson , executive vice president and general manager, corporate retail.

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Youth Sports: Don’t Wink At The Ref — Just Pay Them Faster

PYMNTS

including one from TD Ameritrade , a Nebraska-based brokerage firm. The company’s solution enables its customers to use debit cards, linked with Apple Pay and Apple Business Chat, to transfer funds into a brokerage account, where funds are immediately made available for trading. New initiatives are also rising in the U.S.,

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.

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US Bankcards Industry Benchmarking Trends: 2022 Q3 Update

FICO

How will this impact credit scores and the credit card industry? However, with delinquencies rising across the credit card industry and the aforementioned expiration of student loan payment deferment, the trajectory of the average FICO score is facing considerable headwinds. Usage & Payments. trillion in revolving debt.

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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. For example, the average interest rate on credit cards accruing interest in Q4 2022 was 20.40% compared to 16.44% in Q4 2021 (Source: Federal Reserve G.19 19 report on Consumer Credit).

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