credit card

Credit card is a payment card issued to cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges.

CFPB Fines Mastercard, UniRush $13M
CFPB Fines Mastercard, UniRush $13M
February 02, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB) announced Wednesday (Feb. 1) that it took action against Mastercard and UniRush for alleged breakdowns that the government watchdog...

READ MORE >
MasterCard 4Q Revenue Down, Cross Border Volumes Up 13%
MasterCard 4Q Revenue Down, Cross Border Volumes Up 13%
January 31, 2017  |  Investments

Shares of global payments processor Mastercard were down roughly 2.8 percent in midday trading on Tuesday (Jan. 31), as the company beat earnings estimated in...

READ MORE >
Costco’s Co-Branded Credit Card Has 1 Million Members
Costco’s Co-Branded Credit Card Has 1 Million Members
December 13, 2016  |  Payment Methods

Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up...

READ MORE >
First Bankcard Launches New Credit Card Benefits For SMBs
First Bankcard Launches New Credit Card Benefits For SMBs
October 05, 2016  |  Payment Methods

First Bankcard, a division of First National Bank of Omaha, announced on Tuesday (Oct. 4) the release of three new credit card benefits designed to...

READ MORE >
linked2pay Adds Automated Merchant Approval, Onboarding
linked2pay Adds Automated Merchant Approval, Onboarding
September 22, 2016  |  Merchant Innovation

Linked2pay, the platform provider of Bank Centric Payments, announced on Wednesday (Sept. 21) that it has added automated merchant approval and onboarding to its service. In a...

READ MORE >
LendUp Raises $47.5M To Expand Subprime Lending
LendUp Raises $47.5M To Expand Subprime Lending
August 23, 2016  |  Investments

In one move to upset the mainstream financial apple cart, startup LendUp Global is taking a new twist on the credit card. The Wall Street...

READ MORE >
‘Systematic Error’ Drives Citigroup-Costco Email Flub
‘Systematic Error’ Drives Citigroup-Costco Email Flub
August 23, 2016  |  Payment Methods

Citigroup accidentally sent emails to some Costco costumers on Friday (Aug. 19) informing them that their membership with the wholesale club had expired and their...

READ MORE >
WEX Shutters Consumer Travel Card In Enterprise Refocus
WEX Shutters Consumer Travel Card In Enterprise Refocus
August 19, 2016  |  B2B Payments

The consumer prepaid travel card, My Travel Cash, owned by payments company WEX, will shut down and has stopped taking new customers as WEX plans...

READ MORE >