credit

BofA Consumer Payments Up 16% to $294B in February
BofA Consumer Payments Up 16% to $294B in February
March 08, 2022  |  Credit Cards

Bank of America saw a 16% year-over-year increase in total consumer payments in February to $294 billion among its 67 million clients, according to a...

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US Consumer Borrowing Grew 1.9% in January
US Consumer Borrowing Grew 1.9% in January
March 07, 2022  |  Economy

U.S. consumer borrowing saw an uptick in January, though at the slowest pace in a year, with households paying down credit card balances after the...

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90% of Cardholders Check Receipts for Credit Card Surcharges
90% of Cardholders Check Receipts for Credit Card Surcharges
March 07, 2022  |  Credit Cards

An average of 9% of cardholders were asked to pay a surcharge of their most recent credit card purchase at restaurants or retail stores, according...

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Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
Mastercard, Zeta Team on Next-Gen Credit Processing for FIs, FinTechs
March 07, 2022  |  Partnerships

Zeta, a provider of credit card processing to financial institutions (FIs) and FinTechs, and Mastercard, the global tech company in the payments industry, have inked...

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Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022  |  Payment Methods

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to...

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Credit Cards Reemerge From the Pandemic as Multifaceted Financial Management Tools
Credit Cards Reemerge From the Pandemic as Multifaceted Financial Management Tools
March 02, 2022  |  Payment Methods

Whether it’s for convenience, rewards or the benefits of better data security when making a transaction, consumers with revolving credit are using it not just...

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French FinTech Touts Benefits of Being EU-Regulated Instant Credit Provider
French FinTech Touts Benefits of Being EU-Regulated Instant Credit Provider
March 01, 2022  |  International

Regulated, instant, no limit on the amount or maturity. Those are three elements that Charles Egly, co-founder and group CEO at Younited Credit, says differentiate...

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Filling an Expense Management Void for Businesses in the MENA Region
Filling an Expense Management Void for Businesses in the MENA Region
March 01, 2022  |  International

Compared to developed markets in the United States and Europe, small and medium-sized businesses (SMBs) in the Middle East and North Africa region, from a...

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TransUnion Launches BNPL Credit Tool
TransUnion Launches BNPL Credit Tool
February 24, 2022  |  BNPL

In what it described as a move to promote financial inclusion for 100 million buy now, pay later (BNPL) users, TransUnion has launched a new...

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