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Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
January 25, 2024  |  VISA

Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted...

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Capital One Sees Positives in Consumer Segments Despite Charge-Off Challenges
Capital One Sees Positives in Consumer Segments Despite Charge-Off Challenges
January 25, 2024  |  Earnings

Card delinquencies and charge-offs offer evidence of consumers struggling to meet their financial obligations. And credit card balances and delinquencies have been rising as consumer...

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Chime, Citi Mobile Lead Provider Ranking of Credit Card Apps
Chime, Citi Mobile Lead Provider Ranking of Credit Card Apps
January 23, 2024  |  Mobile Applications

Valentine’s Day is almost here. Want to buy your sweetheart that special something they’ve been eyeing, but need a financial boost? PYMNTS is here to...

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Federal Reserve Extends Comment Period on Interchange Fee Proposal
Federal Reserve Extends Comment Period on Interchange Fee Proposal
January 23, 2024  |  Bank Regulation

The Federal Reserve Board has extended the comment period on its interchange fee proposal. Originally set to end on Feb. 12, the comment period is...

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Synchrony: Resilient Consumers Embrace ‘Pay Later’ Options as Credit Trends Normalize
Synchrony: Resilient Consumers Embrace ‘Pay Later’ Options as Credit Trends Normalize
January 23, 2024  |  Earnings

Synchrony Financial posted fourth-quarter results that showed charge-offs increasing as management pointed to credit normalization in the months ahead, and said the firm was also...

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Affluent Consumers Most Likely to Use Store Card Installment Plans
Affluent Consumers Most Likely to Use Store Card Installment Plans
January 22, 2024  |  Payment Methods

In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer...

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Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
Fiserv’s uChoose Lets BP and Amoco Customers Pay at the Pump
January 22, 2024  |  Payment Methods

Fiserv says members of its uChoose program can now use card reward balances to buy gas. The new offering, announced by the payments FinTech Monday (Jan....

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Synchrony’s POS Acquisition Underscores Paying Over Time’s Appeal Beyond the Cards
Synchrony’s POS Acquisition Underscores Paying Over Time’s Appeal Beyond the Cards
January 22, 2024  |  Acquisitions

In an age where consumers are grappling with ways to manage debt, but also finance the purchases they need, point-of-sale financing is gaining ground. To...

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3 in 4 Consumers With Children Are Likely to Use Card-Linked Offers for Traveling
3 in 4 Consumers With Children Are Likely to Use Card-Linked Offers for Traveling
January 22, 2024  |  Credit Cards

Credit cards have become more than just a means of payment. With the rise of travel credit cards, consumers now have the opportunity to earn...

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