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Visa and Mastercard Interchange Fee Increases May Come in October, April
Visa and Mastercard Interchange Fee Increases May Come in October, April
August 30, 2023  |  Credit Cards

Visa and Mastercard are reportedly preparing to raise the credit card fees paid by merchants. Those increases are scheduled to start in October and April,...

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Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
Inflation Increased Credit Card Spending for More Than Half of High-Spending Consumers
August 29, 2023  |  Personal Finance

Nearly 200 million in the United States hold at least one bank-issued credit card — a financial tool which has come in handy as inflation...

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HDFC Bank and Marriott Bonvoy Introduce Travel Card
HDFC Bank and Marriott Bonvoy Introduce Travel Card
August 25, 2023  |  Travel Payments

India’s HDFC Bank has teamed up with Marriott Bonvoy, the travel program by Marriott International, to introduce a co-branded hotel credit card. The Marriott Bonvoy HDFC Bank Credit Card is aiming...

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Venmo Takes Top Spot, Chime Follows in Credit Card App Rankings
Venmo Takes Top Spot, Chime Follows in Credit Card App Rankings
August 17, 2023  |  Credit Cards

Embracing the ever-evolving terrain of credit card apps, the PYMNTS Provider Ranking of Credit Card Apps stands as your steadfast guide, revealing the ascent of frontrunners and...

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Ohio-Based Peoples Bank Implements Corserv Credit Card Program
Ohio-Based Peoples Bank Implements Corserv Credit Card Program
August 17, 2023  |  Banking

Ohio-based Peoples Bank has implemented Corserv‘s credit card program. This partnership aims to revolutionize the banking experience for Peoples Bank’s diverse customers, including commercial, small business, nonprofit, local...

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Boomers Barely Use BNPL, but Make Large Purchases When They Do
Boomers Barely Use BNPL, but Make Large Purchases When They Do
August 16, 2023  |  Consumer Insights

Compared to other generations, the share of baby boomers and seniors who use buy now, pay later (BNPL) options barely makes a blip. The same...

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The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
The Parent Debt Trap: Parents’ Credit Card Balances 26% Higher Than Average
August 15, 2023  |  Consumer Finance

That having children is costly may not be surprising — but the extent to which parents with children depend on credit cards is. Proprietary research...

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Discover Card Delinquency Rates Exceed Pre-COVID Levels
Discover Card Delinquency Rates Exceed Pre-COVID Levels
August 15, 2023  |  Credit Cards

Discover Financial says its credit card delinquency rate has topped pre-pandemic levels. In a filing Monday (Aug. 14) with the Securities and Exchange Commission (SEC), the company said...

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Discover Financial CEO Resigns Amid Regulatory Review
Discover Financial CEO Resigns Amid Regulatory Review
August 15, 2023  |  Credit Cards

Discover President and CEO Roger Hochschild has resigned from his post. The credit card provider announced the leadership change late Monday (Aug. 14), weeks after...

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