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Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
July 27, 2018  |  Earnings

Discover Financial Services Inc. reported an increase in second quarter earnings as the credit card issuer had strong loan and revenue growth — and also...

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Mastercard Sees Cross-Border Volumes Up 19 Percent
Mastercard Sees Cross-Border Volumes Up 19 Percent
July 26, 2018  |  Retail

Mastercard results released on Thursday (July 26) showed growth in international transactions, where double-digit percentage gains outpaced other metrics such as gross dollar volumes, which...

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Why Household Finances Under The Hood Don’t Look So Good
Why Household Finances Under The Hood Don’t Look So Good
July 23, 2018  |  Payments Innovation

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can certainly buy us...

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Capital One 2Q Surges On Card Spend
Capital One 2Q Surges On Card Spend
July 20, 2018  |  Earnings

Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Chairman and CEO Richard Fairbank...

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Even Snaps Up $40M In Funding
Even Snaps Up $40M In Funding
July 19, 2018  |  Investments

For the more than 170 million Americans who live paycheck to paycheck — three-quarters of all American workers, according to a recent survey — the...

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Amex Cardholder Spend Averages $4800, Up 5 Percent In 2Q
Amex Cardholder Spend Averages $4800, Up 5 Percent In 2Q
July 19, 2018  |  Earnings

TheStreet may have been focused on top-line shortfalls, but beyond the headline numbers, American Express (Amex) posted results for the second quarter that showed double-digit percentage...

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Bank Of America Earmarks $500M In Tech Spend As Mobile Use, Zelle Soar
Bank Of America Earmarks $500M In Tech Spend As Mobile Use, Zelle Soar
July 16, 2018  |  Earnings

Continuing the recent string of earnings from big banks – a string that kicks off earnings season per tradition – Bank of America said loan...

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Walmart Mulling Capital One For Its Credit Card Partnership
Walmart Mulling Capital One For Its Credit Card Partnership
July 12, 2018  |  Partnerships / Acquisitions

Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments...

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Amazon Cardholders Can Chase More Whole Foods Discounts
Amazon Cardholders Can Chase More Whole Foods Discounts
July 05, 2018  |  Amazon

Amazon customers with the right credit card can keep chasing more grocery discounts at Whole Foods. The eCommerce operator said that between July 14 and...

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