American Express said its May card delinquency rate was unchanged from April, according to reports. The rate held steady at 1.4 percent. Net write-offs, however,...
In early May, Mastercard, in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora...
Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. In...
Citigroup is teaming up with Grab, the ride-hailing startup out of Singapore, to roll out co-branded credit cards. Reuters, citing Gonzalo Luchetti, Citi’s head of...
China UnionPay, the credit card issuer, is expanding in Europe, rolling out debit and credit cards. The Financial Times, citing China UnionPay, the world’s largest...
San Francisco-based startup Brex is set to close on new funding at a valuation of more than $2 billion. Brex — which provides corporate credit...
Citigroup was reportedly in advanced talks with Apple to partner on its new credit card but decided not to move forward, according to CNBC. Citing...
Barclaycard is introducing a new commercial card product in conjunction with AGCO Parts, a supplier of parts and after-sales services for the farming machinery space....
Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and...