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Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

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Big Banks Struggle With Generous Rewards Cards
Big Banks Struggle With Generous Rewards Cards
January 02, 2019  |  Banking

U.S. banks are facing increased costs associated with their reward credit cards as a result of two years of increasing the rewards points they offered...

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Fed: Card Payments Up 10.1 Pct In 2017
Fed: Card Payments Up 10.1 Pct In 2017
December 21, 2018  |  Payment Methods

Non-cash payment activity, as measured in the United States, gained ground in 2017 year over year, according to the Federal Reserve’s triennial payments press release...

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Student Loan Debt Hits $1.465 Trillion, Sets New Record
Student Loan Debt Hits $1.465 Trillion, Sets New Record
December 20, 2018  |  Debt

Student loan debt in the U.S. has set a new record, hitting $1.465 trillion in November, according to a new analysis by Bloomberg. According to...

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Click2Gov Cyberattacks Affect Personal Data Of 300K
Click2Gov Cyberattacks Affect Personal Data Of 300K
December 19, 2018  |  Security & Fraud

Nearly 300,000 people have had their personal data stolen in a breach of Click2Gov, a widely used government payment software. Security research firm Gemini Advisory...

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Secondary Ticket Disbursements’ $35B Risk
Secondary Ticket Disbursements’ $35B Risk
December 18, 2018  |  Disbursements

Whether it’s gig workers waiting for compensation or ticket sellers waiting on their payments, everyone wants to be paid quickly. That can often be easier...

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TSYS On Canadians’ Lingering Love For Credit Cards
TSYS On Canadians’ Lingering Love For Credit Cards
December 17, 2018  |  Payment Methods

In Canada, credit cards hold sway, the preferred method of payment across any number of settings. Here’s why paying with credit has been a long-term...

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Global Card Payment Use Rose 13 Pct In 2017
Global Card Payment Use Rose 13 Pct In 2017
December 12, 2018  |  Payment Methods

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 million, according to a report. RBR, a...

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Consumer Credit Originations Poised For More Growth In 2019
Consumer Credit Originations Poised For More Growth In 2019
December 12, 2018  |  Loans

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for...

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