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CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
CapOne CEO Says Consumers in ‘Good Shape’ as Card Purchases Surge
October 24, 2024  |  Earnings

Capital One’s most recent quarterly earnings, posted Thursday (Oct. 24) after the bell, indicated that cardholders continued to embrace credit as a key payment method,...

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Mastercard Expands Product Express Program to More Regions
Mastercard Expands Product Express Program to More Regions
October 24, 2024  |  Credit Cards

Mastercard has expanded the availability of Product Express, its platform that helps FinTechs launch card programs and other payment solutions. Formerly known as Fintech Express,...

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CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
October 23, 2024  |  Credit Cards

If there’s a regulatory body that’s been busier this week than the Consumer Financial Protection Bureau (CFPB), we’d be hard-pressed to name it. Having just...

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Clarity Is Key: The Link Between Transparent Billing and Chargeback Reduction
Clarity Is Key: The Link Between Transparent Billing and Chargeback Reduction
October 23, 2024  |  Digital Payments

  Unexpected charges are a reality that 30% of consumers experienced in just the last 12 months. These charges could include either outright fraud or...

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Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
October 22, 2024  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) reportedly is set to order Goldman Sachs to pay more than $50 million in penalties related to its handling...

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Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management
Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management
October 22, 2024  |  Credit Cards

Marqeta has added two new products to its card program management tools. The new UX Toolkit helps customers create modern payment experiences from scratch, while...

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Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
Millennials and Gen Z Consumers Boost Amex Card Spend in Q3
October 18, 2024  |  Earnings

For American Express, as has been a longstanding trend, it’s the younger consumers, cards in hand, who are boosting results. And, as Amex management noted...

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Capital One Adds Subscription Management Tool to Mobile App
Capital One Adds Subscription Management Tool to Mobile App
October 16, 2024  |  Subscription Commerce

Capital One officially introduced a new subscription management tool to the Capital One mobile app. The tool helps consumers view, block and cancel recurring charges...

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US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost
US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost
October 16, 2024  |  Earnings

US Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that...

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