The Consumer Financial Protection Bureau — with the wind of the recent Supreme Court ruling at the agency’s back — has returned to rule-making. This...
The Consumer Financial Protection Bureau (CFPB) ruled Wednesday (May 22) that buy now, pay later (BNPL) vendors are credit card providers and must provide some...
Mastercard says it is using generative AI to more quickly detect compromised credit cards. “Until now fraudsters may have thought they were operating in obscurity, seeking to...
Higher fees from the payments networks across the pond have not translated into better service, according to a new report. The U.K.’s Payment Systems Regulator...
The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...
Credit card delinquencies reportedly fell in April amid signs of improved lending activity. That’s according to a report Monday (May 20) from Seeking Alpha, citing...
Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly...
California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer...
Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence...