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New Data: Financially Strapped Consumers Move to Credit Card Alternatives
New Data: Financially Strapped Consumers Move to Credit Card Alternatives
February 05, 2025  |  Consumer Finance

Consumers can’t spend money they don’t have, and right now, many are running out of cash. The lenders that win are the lenders that give...

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Senate Bill Would Cap Credit Card Interest Rates at 10%
Senate Bill Would Cap Credit Card Interest Rates at 10%
February 04, 2025  |  Credit Cards

Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. The Sanders-Hawley...

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AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
AI and Real-Time Monitoring Staff the New Front Line Against Disputes and Chargebacks
February 04, 2025  |  Security & Fraud

The digital shift that started during the pandemic sent consumers toward social media platforms for online shopping, which are considered card-not-present transactions. It continues today....

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52% of Payment Declines Are Debit Cards
52% of Payment Declines Are Debit Cards
February 04, 2025  |  Consumer Insights

Despite a general decrease in payment issues, financially struggling consumers continue to face these disruptions at alarmingly high rates, especially when making essential purchases. According...

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Issuer Earnings Show Consumers Struggling With Timely Credit Card Payments
Issuer Earnings Show Consumers Struggling With Timely Credit Card Payments
February 03, 2025  |  Credit Cards

The general tone of earnings season has been cautiously optimistic, as banks and payment networks have pointed to the willingness of consumers to keep spending....

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52% of Consumers Use Credit for Groceries
52% of Consumers Use Credit for Groceries
February 03, 2025  |  Consumer Insights

Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...

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Consumers Use Credit to Plug Widening Gap Between Income and Spending
Consumers Use Credit to Plug Widening Gap Between Income and Spending
January 31, 2025  |  Consumer Finance

Only a few weeks into the current earnings season, and top-line momentum and commentary from firms, including banks and the payment networks, have all pointed...

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92% of Large Banks Interested in Metal Cards to Boost Security
92% of Large Banks Interested in Metal Cards to Boost Security
January 31, 2025  |  Authentication

As banking fraud unfolds, financial institutions (FIs) are challenged to protect customer data and provide pleasant customer experiences. The rise in credential theft has sparked...

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Mastercard Sees Growth in Tokenization and Commercial Payments
Mastercard Sees Growth in Tokenization and Commercial Payments
January 30, 2025  |  Earnings

Mastercard’s fourth-quarter earnings results showed that consumers still rely on their cards for everyday spending — and beyond the resilient consumer, tens of trillions of...

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