credit-card
Wall Street seeks to shape Trump affordability ideas, sources say
JPMorgan nears deal to take over Apple's credit card program, WSJ reports
FinanceApple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
BankingExclusive – HSBC pulling back from China credit card business after struggling to expand, sources say
Level up your Business: Accepting credit card payments like a pro
Date: July 25, 2024
In today’s digital age, customers expect convenience. Imagine you’re running a bustling bakery, and a customer wants to pay for their delicious sourdough loaf. Fumbling for cash or waiting for a cheque to clear can slow things down. This is where accepting credit card payments becomes a game-changer for your small business. It allows for...
Visa reports rare quarterly revenue miss, shares drop
Date: July 24, 2024
By Arasu Kannagi Basil (Reuters) -Visa’s third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor as steep borrowing costs limited consumer spending, sending its shares down 4.6% in extended trading. The U.S. Federal Reserve’s efforts to curb inflation have taken interest rates to their...
UK housing market stalls, credit card borrowing accelerates: BoE data
Date: January 4, 2023
By Andy Bruce LONDON (Reuters) -Britain’s housing market slowed dramatically in November and people ramped up borrowing on credit cards, according to Bank of England data on Wednesday that underscored the effects of rising interest rates and the cost-of-living crisis. British lenders approved 46,075 mortgages in November, down from 57,875 in October and marking the...
Cash vs. Card: What is the best option for protecting your money?
Date: November 11, 2022
By Jairo Riveros, chief strategy officer and managing director of the U.S. and Latin America at Paysend We’ve all heard about credit card fraud which can happen both physically and virtually, but using cash also carries risk. Either way, using cash or a credit card can leave you vulnerable, but what if one could be...
Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ
Date: October 18, 2022
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported on Monday, citing people familiar with the matter. The credit card giants are already being probed by the Commission for allegedly blocking merchants from routing...
How to Increase Card Usage Through Design
Date: September 16, 2022
By Josh Hatcher, Senior Graphic Designer at Vericast Card Solutions It’s in the best interest of financial institutions to increase customer debit or credit card usage. Financial institutions collect interchange fees from merchants who process a credit card or debit card payment. However, when consumers pay with cash, banks do not earn interchange revenue....