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Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements
Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements
April 23, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Standard Chartered Bank’s unveiling of instant digital credit issuance in...

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Social Media Lures Credit Card Giants – And Their Advertising Spend
Social Media Lures Credit Card Giants – And Their Advertising Spend
April 23, 2019  |  Loyalty & Rewards

Now, when you like your credit card rewards … you can really “like” them. On social media – specifically, on Facebook. The Wall Street Journal...

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Why (Win Or Lose) Apple Card May Already Be Changing Payments
Why (Win Or Lose) Apple Card May Already Be Changing Payments
April 23, 2019  |  Apple

Can Apple's credit card change the card game? Ondot CEO Bharghavan (VB) tells Karen Webster that the tech giant may not dominate credit cards (virtual or...

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Chipotle Hacked, Payment Credentials Compromised
Chipotle Hacked, Payment Credentials Compromised
April 19, 2019  |  Security & Fraud

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers...

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FinTech Brex Raises $100M Debt Capital
FinTech Brex Raises $100M Debt Capital
April 16, 2019  |  B2B Payments

A company that provides credit cards for startups has raised $100 million in debt capital to continue its growth, according to a news release from...

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Mastercard: Building The ‘What’ Of Credit Card Rewards Around The ‘How’ Of Delivery
Mastercard: Building The ‘What’ Of Credit Card Rewards Around The ‘How’ Of Delivery
April 16, 2019  |  Mastercard

It used to be all about the “what.” Issuers designing credit card rewards programs focused on the features that would move that card to the...

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Amex Delinquency Rates Flat In March
Amex Delinquency Rates Flat In March
April 15, 2019  |  News

American Express, the payments company, reported Monday (April 15) that credit card delinquency rates in March were flat with February, which should be welcome news...

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JPMorgan’s Mobile User Base Grows 11 Pct.
JPMorgan’s Mobile User Base Grows 11 Pct.
April 12, 2019  |  Earnings

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the...

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Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
April 12, 2019  |  Earnings

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Revenue came in at $21.609...

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