credit cards

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Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
August 11, 2023  |  Loans

With change comes challenge, but with challenge comes opportunity. As 2023 marches on, much of the initial doom and gloom-fueled skepticism around how the year...

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Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
August 08, 2023  |  Credit Cards

It’s the $1 trillion milestone. The Federal Reserve’s latest quarterly update on household debt shows that credit card balances crossed that milestone in a “first”...

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Mastercard Launches CVC-Less Card Payments in India
Mastercard Launches CVC-Less Card Payments in India
August 04, 2023  |  Credit Cards

Mastercard has launched a payment experience in India in which debit and credit cardholders no longer have to enter the three-digit code from the back...

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Strategic Mergers Help Credit Unions Survive — and Thrive — in a Tough Economy
Strategic Mergers Help Credit Unions Survive — and Thrive — in a Tough Economy
August 04, 2023  |  Digital Banking

Credit unions have long occupied a specific market niche within the financial industry. CUs favor more personalized and member-focused services than their bank counterparts but...

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Petal Secures $200 Million to Expand Credit Card Program
Petal Secures $200 Million to Expand Credit Card Program
August 03, 2023  |  Financial Inclusion

Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park...

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Home Is Where the Financial Stability Is — or Isn’t
Home Is Where the Financial Stability Is — or Isn’t
July 31, 2023  |  Consumer Finance

Rising prices for everything from food to housing continue negatively affecting United States households’ financial well-being. Even as consumers continue to adjust spending to make...

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Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
Consumers Have Covered Credit Card Bills So Far, but Defaults Loom
July 30, 2023  |  Consumer Finance

Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. It is a testament to consumer resiliency that credit...

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Will NJ Cap on Credit Card Surcharges Set Template for Other States?
Will NJ Cap on Credit Card Surcharges Set Template for Other States?
July 25, 2023  |  Credit Cards

State by state, depending on where one looks, merchants’ ability to surcharge may face pressure. To that end, at the end of last month, New...

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MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
July 24, 2023  |  Payment Methods

According to Alex Saiz Verdaguer, founder and CEO of MONEI, Click to Pay is set to find wider berth in Europe. Discover® Global Network recently...

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