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Mastercard’s X-Border Volumes Gain 16 Percent
Mastercard’s X-Border Volumes Gain 16 Percent
January 29, 2020  |  Earnings

Mastercard posted fourth quarter results Wednesday (Jan. 29) that showed increased spending on cards and across borders up double digits. Management expressed confidence about continued...

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AmEx Sees Card Member Loans Up 7 Percent
AmEx Sees Card Member Loans Up 7 Percent
January 24, 2020  |  Earnings

Payments network American Express reported results Friday (Jan. 24) that showed card spending and loan growth up double-digit percentages, as measured year over year, in...

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Banks’ Earnings Show Digital Traction Amid Buoyant Consumer Spending
Banks’ Earnings Show Digital Traction Amid Buoyant Consumer Spending
January 20, 2020  |  Earnings

There are a few common themes among big bank earnings reports. The U.S. consumer is strong, and the ripple effects of strong U.S. consumer spending...

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Buy Now Pay Later’s Impact On Mobile Checkout Conversion
Buy Now Pay Later’s Impact On Mobile Checkout Conversion
January 15, 2020  |  Buy Now Pay Later

  Buy Now, Pay Later products had a fantastic 2019 holiday season. Retailers using these payment solutions saw generous sales during shopping holidays like Cyber...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
January 14, 2020  |  Earnings

The consumer is doing just fine. To that end, JPMorgan Chase reported results that showed continued strength in U.S. consumer banking and spending on credit...

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UK Gambling Watchdog Outlaws Credit Card Bets
UK Gambling Watchdog Outlaws Credit Card Bets
January 14, 2020  |  Payment Methods

In an effort to rein in problem gambling, the U.K. Gambling Commission is banning the use of credit cards for placing bets, the BBC reported...

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Chase To Boost Fees, Add Perks For Sapphire Reserve Card
Chase To Boost Fees, Add Perks For Sapphire Reserve Card
January 09, 2020  |  Travel Payments

The Chase Sapphire Reserve card, used for travel credit, is getting an overhaul this month that will include a price hike for new members. The...

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Deep Dive: Real-Time Payments Make The Grade In Higher Education
Deep Dive: Real-Time Payments Make The Grade In Higher Education
January 03, 2020  |  Faster Payments

The cost of college tuition is skyrocketing across the country, and the financial burden falls on many parents and students. Legacy college tuition payment methods,...

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