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Federal judge blocks White House plan to curb credit card late fees
CBS News· 16 hours agoIn his ruling, Pittman cited a 2022 decision by the U.S. Court of Appeals for the Fifth Circuit that...
Gen Z Sinks Deeper Into Debt
The Wall Street Journal· 4 days agoYoung Americans are starting out with more credit-card debt than generations before them. The rising debt load largely reflects a surge
Wells Fargo Launches Business Credit Card With Cash Rewards
PYMNTS.com· 16 hours agoWells Fargo has launched a business credit card offering unlimited 2% cash rewards on business...
Indonesia e-commerce payments to surge by 15.5% in 2024, reveals GlobalData
Electronic Payments via Yahoo Finance· 3 days agopayment method offers. Cards account for a 17.4% share of e-commerce transaction value in 2023. ...
Gen Z has an average of $2,834 in credit card debt, over 25% more than millennials before them
New York Post· 3 days agoGen Z’s 26% increase in average debt reflects a surge in prices for food and housing, coupled with a...
New Q1 Data Shows Older Demographics Driving Surge in Travel Spend
PYMNTS.com· 16 hours agoA deep dive into PYMNTS Intelligence’s most recent “Last Transactions“ analysis of Q1 consumer...
This Week In Credit Card News: Tough Economy Causing Banks To Cut Back On Credit
Forbes· 2 days agoWhy Are Americans Cutting Back on Credit Card Debt? U.S. households piled up credit card debt much...
Accel leads $4M investment in Egyptian corporate cards platform Swypex
TechCrunch· 4 days agoCards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly,...
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
PYMNTS.com· 1 day agoAt its core, triangulation fraud involves a fraudster setting up fake storefronts on popular online...
Shift4 Surges In Subscription, Payments Revenue Despite Falling Short of Q1 Expectations - Shift4 ...
Benzinga· 2 days agoShift4 Payments reported fiscal first-quarter 2024 gross revenue growth of 29% year-on-year to $707.4 million.