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Visa Europe Revenue Up 25 Percent To All-Time High
Visa Europe Revenue Up 25 Percent To All-Time High
January 26, 2016  |  International

Visa Europe, the payments giant merging with its former parent company, Visa Inc., said early Tuesday (Jan. 26) that it had its most successful year...

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American Express, Facing Sharper Competition, Sees Rocky Road In 2016
American Express, Facing Sharper Competition, Sees Rocky Road In 2016
January 22, 2016  |  News

The payments giant delivered mixed results for the fourth quarter and somber guidance. It’s cutting expenses by $1 billion over the next two years, but...

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Amex Sells Off On Sell-Side Concerns
Amex Sells Off On Sell-Side Concerns
January 14, 2016  |  News

Amex's market cap has cratered in the wake of a tough year -- and a new analyst note raises some questions. Amex, they say, is...

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Consumer Borrowing Rate At 10-Month Low
Consumer Borrowing Rate At 10-Month Low
January 11, 2016  |  News

The pace of consumer borrowing in the United States slowed to its lowest reading in 10 months, according to numbers released by the Federal Reserve....

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Amex’s Merchant Steering Rule Back In Play
Amex’s Merchant Steering Rule Back In Play
December 22, 2015  |  News

The wake of last week’s ruling that American Express can continue to implement its no-steering policy — in which the payments giant can now dissuade merchants...

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CFPB Targets ‘Secret’ College Credit Card Programs
CFPB Targets ‘Secret’ College Credit Card Programs
December 17, 2015  |  News

The Consumer Financial Protection Bureau has sent warning letters to 17 colleges warning them to improve their presentation and disclosure of credit card agreements sponsored...

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