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Report: JPMorgan Chase Trials UK Credit Card on Mobile App
Report: JPMorgan Chase Trials UK Credit Card on Mobile App
September 20, 2024  |  Banking

JPMorgan Chase is reportedly testing a credit card product in the United Kingdom. The bank has been working on the product for over a year...

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CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
CFPB’s FAQs on BNPL Hint at Key Areas of Regulation and Controversy
September 20, 2024  |  BNPL

Perhaps the most frequently asked question that will come in the wake of the Consumer Financial Protection Bureau’s (CFPB’s) publication of a “frequently asked questions”...

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Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
September 20, 2024  |  Credit Cards

Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official...

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Cardless Enters Small Business Space With Alibaba Credit Card Partnership
Cardless Enters Small Business Space With Alibaba Credit Card Partnership
September 19, 2024  |  SMBs

Co-branded credit card FinTech Cardless is entering the small business space. The move is designed to offer small- to medium-sized businesses (SMBs) financial products and...

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Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores
Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores
September 18, 2024  |  Credit Cards

Synchrony’s CareCredit health and wellness credit card is now accepted for select items in nearly 2,200 Albertsons, Safeway, Vons, ACME, Shaw’s and Jewel-Osco stores. A new collaboration of Synchrony and food and drug...

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Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
September 17, 2024  |  Credit Cards

U.S. consumers are taking on more card debt than has been seen in years. And in recent weeks, filings by several big banks show that...

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Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act...

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Boost Enables Cross-Border Payments With US-Issued Commercial Cards
Boost Enables Cross-Border Payments With US-Issued Commercial Cards
September 11, 2024  |  B2B Payments

Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries....

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Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...

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