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BofA Examines Use Of Credit Cards For Bitcoins
BofA Examines Use Of Credit Cards For Bitcoins
January 26, 2018  |  Bitcoin

Bank of America and Citigroup, which currently allow customers to use their credit cards to purchase bitcoin, are looking over their cryptocurrency policies. This comes...

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First Data Inks Deal With SBI Card, Expands In India
First Data Inks Deal With SBI Card, Expands In India
January 26, 2018  |  Partnerships / Acquisitions

First Data has announced that it is partnering with SBI Card to expand its card management solutions in India. First Data will also open a...

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Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
Discover Sees Q4 Growth In Loans, Card Volume And Charge-Offs
January 25, 2018  |  Earnings

Discover Financial Services, like so many peers in the financial sphere, took a charge in the fourth quarter tied to tax legislation passed during the...

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The Need/Convenience Credit Card Paradox
The Need/Convenience Credit Card Paradox
January 25, 2018  |  Consumer Finance

Life happens, as the saying goes. When life happens, though, all sorts of things also happen to financial visibility — including the ability to see...

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WeChat Pay Lets Users Link International Debit, Credit Cards
WeChat Pay Lets Users Link International Debit, Credit Cards
January 25, 2018  |  Payment Methods

WeChat Pay, the digital payment arm of China’s Tencent, announced news on Thursday (Jan. 25) that it will open up its payments platform to international...

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Capital One Misses 4Q Estimates As Net Charge-Offs Grow
Capital One Misses 4Q Estimates As Net Charge-Offs Grow
January 24, 2018  |  Earnings

Capital One missed estimates, adjusted for impact of the tax bill that was signed last year as loans grew across cards and autos, but credit...

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Amex Beats Q4 On Higher Card Spend, Balances
Amex Beats Q4 On Higher Card Spend, Balances
January 19, 2018  |  Earnings

The headline numbers said it was the first quarterly loss in 26 years. But digging a little deeper, American Express posted fourth-quarter results that topped expectations...

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Citi Beats Street As Consumer And Cards Show Gains
Citi Beats Street As Consumer And Cards Show Gains
January 17, 2018  |  Earnings

Citigroup’s headline numbers showed a sizable quarterly loss on the newly enacted tax law – but excluding that $22 billion charge and the resulting $18...

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Chase Beats, Wells Fargo Doesn’t Meet (Earnings)
Chase Beats, Wells Fargo Doesn’t Meet (Earnings)
January 12, 2018  |  Earnings

The kickoff to earnings season usually has two firms reporting on the same day — JPMorgan and Wells Fargo — and the stories diverge wildly even though...

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