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Transaction and Consumer-Level Data Help Personalize Card-Linked Rewards Programs
Transaction and Consumer-Level Data Help Personalize Card-Linked Rewards Programs
May 22, 2024  |  Data

Recent announcements from some marquee names in financial services, and commercial partnerships, underscore the use of data, down to the consumer level, in crafting ever-more-relevant...

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As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
As CFPB Targets BNPL Firms, Some Consumer ‘Protections’ Are Already in Place
May 22, 2024  |  BNPL

The Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the agency’s back — has returned to rule-making. This...

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CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
May 22, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...

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Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
May 22, 2024  |  Fraud Prevention

Mastercard says it is using generative AI to more quickly detect compromised credit cards. “Until now fraudsters may have thought they were operating in obscurity, seeking to...

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UK Regulator Opens the Door for Credit Card Data Reporting Mandates
UK Regulator Opens the Door for Credit Card Data Reporting Mandates
May 21, 2024  |  Credit Cards

Higher fees from the payments networks across the pond have not translated into better service, according to a new report. The U.K.’s Payment Systems Regulator...

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Visa and Mastercard Face Calls for More Transparency in UK
Visa and Mastercard Face Calls for More Transparency in UK
May 21, 2024  |  Credit Cards

The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...

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Card Delinquencies Keep Falling as Lending Creeps Up
Card Delinquencies Keep Falling as Lending Creeps Up
May 21, 2024  |  Credit Cards

Credit card delinquencies reportedly fell in April amid signs of improved lending activity. That’s according to a report Monday (May 20) from Seeking Alpha, citing...

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Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management
Unlocking ‘Self-Driving Money’ With Smarter Card Reward Management
May 21, 2024  |  Credit Cards

Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly...

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Avidbank Taps CorServ to Launch New Commercial Credit Card Program
Avidbank Taps CorServ to Launch New Commercial Credit Card Program
May 16, 2024  |  B2B Payments

California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer...

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