While consumers have been chipping away at their credit card debt — paying down $34.7 billion owed in Q1 — it seems those consumers have only hit the tip of the debt iceberg. A new report released by CardHub shows that debt reduction was up...
Credit-card spending, which fell during the first three months of 2014, rebounded in the second quarter, according to a quarterly report by the American Bankers Association released Wednesday (Dec. 17). Spending by users of subprime credit cards jumped 14.3 percent during Q2, while prime credit-card...
MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform supports not just payments but also customer-specific offers, loyalty incentives, banking, bill-pay options and nonfinancial...
June 09, 2015
While consumers have been chipping away at their credit card debt — paying down $34.7 billion owed in Q1 — it seems those consumers have only hit the tip of the debt iceberg. A new report released by CardHub shows that debt reduction was up 7 percent in the first quarter when compared with the […]
December 18, 2014
Credit-card spending, which fell during the first three months of 2014, rebounded in the second quarter, according to a quarterly report by the American Bankers Association released Wednesday (Dec. 17)....
