credit cards

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Consumers Say They Use Credit to Buy Essentials and Spend More
Consumers Say They Use Credit to Buy Essentials and Spend More
June 24, 2024  |  Credit Cards

Although consumer spending dipped slightly last month, not all spending choices are created equally. While some consumers curtail spending by choice, others do it entirely...

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CFPB Targets Medical Debt — That Could Increase the Cost of Healthcare
CFPB Targets Medical Debt — That Could Increase the Cost of Healthcare
June 24, 2024  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) rules that seek to remove medical debt from credit reports and cap card late fees are proving wildly popular...

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Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
June 21, 2024  |  B2B Payments

Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features. The...

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Report: Walmart and Capital One Settle Legal Battle
Report: Walmart and Capital One Settle Legal Battle
June 21, 2024  |  Legal

Walmart and Capital One have reportedly settled a lawsuit centering on their former credit card partnership. The case was dismissed Thursday (June 20) by a...

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Only 6% of Acquirers Offer Installment Payment Options at Checkout
Only 6% of Acquirers Offer Installment Payment Options at Checkout
June 21, 2024  |  Buy Now Pay Later

Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked...

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China Negotiating With Visa, Mastercard to Reduce Transaction Fees
China Negotiating With Visa, Mastercard to Reduce Transaction Fees
June 21, 2024  |  Credit Cards

China is reportedly negotiating with Visa, Mastercard and other global card issuers, seeking to reduce the fees they charge local merchants on foreign card transactions....

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Why Merchants Prefer Card-Linked Pay Later Options
Why Merchants Prefer Card-Linked Pay Later Options
June 21, 2024  |  Consumer Payments

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked installment plans. In fact, 37% of merchants now provide these installment plans at checkout....

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Card Disputes Projected to Jump 40% as Friendly Fraud Persists
Card Disputes Projected to Jump 40% as Friendly Fraud Persists
June 19, 2024  |  Credit Cards

Shoppers are reportedly getting increasingly comfortable disputing credit card charges. That’s because consumers have discovered how easy it is to do so, the Wall Street...

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Discover’s Pulse Network Settles Antitrust Suit Against Visa
Discover’s Pulse Network Settles Antitrust Suit Against Visa
June 16, 2024  |  ANTITRUST

Discover’s Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market,...

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