The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit...
Barclays and private equity firm Brookfield Asset Management partnered to grow Barclays’ payment acceptance business and transform it into a standalone entity. Get the Full...
U.S. Bancorp’s first-quarter earnings results showed strong credit quality, as consumer card delinquencies slipped year over year even with the current state of macroeconomic uncertainty....
A federal judge has thrown out the Consumer Financial Protection Bureau’s (CFPB) late fee cap. Get the Full Story Complete the form to unlock this...
Intuit says it is preparing to acquire mobile-first credit card platform Deserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The travel industry is facing some headwinds headed into the peak season for getting away from it all. Get the Full Story Complete the form...
Revolut is reportedly building a rewards-based credit card that would use the RevPoints points system the company launched in July for use with debit cards....
Budget-conscious consumers reach for debit cards to maintain financial discipline, while the allure of rewards continues to fuel credit card use. Get the Full Story...