The drop in new line amounts suggests that issuers are seeking to rein in risk by giving new accounts less purchasing power on their cards. That data point is worth watching as we move through 2026 to ...

When a consumer turns to a BNPL product at the point of sale, it represents one more transaction that may have otherwise gone on a credit card and generated interchange revenue for a credit card ...

Senators Jeff Merkley (D-OR), Jack Reed (D-RI), Elizabeth Warren (D-MA), and Sheldon Whitehouse (D-RI) introduced a bill, the ...

About 40% of cardholders have used virtual card numbers in the last six months, mainly to pay for online purchases and ...

Credit scores are based on information from your credit reports. They can go up or down each month depending on normal ...

Visa and Mastercard made up almost two-thirds of card transactions in the eurozone in 2022, according to the European Central ...

But this constant ratcheting up of ultra-luxe benefits isn’t sustainable. The challenge is twofold: First, extremely affluent consumers are a relatively small slice of the societal pie. If you are ...

Now a new opportunity to curry favor has opened up: Trump accounts, which offer the prospect of savings for newborns, seeded ...

When a bank shuts down, surviving banks can face increased costs. The banks that the Federal Deposit Insurance Corporation (FDIC) provides insurance to are responsible for paying quarterly premiums to ...

Legislation including the CARD Act of 2009 and Dodd Frank in 2010 piled on by increasing regulatory controls. Dodd Frank ...

A new Senate bill from four Democratic Senators would allow individual states to cap the interest rates on credit cards and ...

A U.S. District Court Judge based in Chicago’s Northern District validated the key elements of a new law passed by Illinois ...