American Express posted earnings results on Thursday (Jan. 17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs...
British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...
Consumers aren’t just using financial apps to check on their last five transactions or send and receive payments. They are increasingly turning to their smartphones...
A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...
In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...
LendUp has announced it is scaling its credit card business as a stand-alone company, Mission Lane. The move was made possible through investment from LL...
New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions...
The Reserve Bank of India has released guidelines for what it calls the “tokenization” of debit and credit card transactions, according to reports. Tokenization will...
In the wake of the Great Recessions, Americans en masse got awfully nervous about opening new accounts and using credit cards. Open accounts peaked near 500 million...