credit cards

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LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech
LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech
October 09, 2024  |  Acquisitions

LendingClub and AI lending network Pagaya have acquired Tally Technologies’ intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors...

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Consumer Credit Growth Slows as Revolving Credit Declines
Consumer Credit Growth Slows as Revolving Credit Declines
October 07, 2024  |  Consumer Finance

Consumers’ total outstanding credit grew at a seasonally adjusted annual rate of 2.1% in August, after rising at a rate of 6.3% in July and...

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Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
October 07, 2024  |  Economy

Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on...

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35% of Cardholders Abandon Merchant After a Card Decline
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024  |  Credit Cards

Striking the right balance between seamless payments and strong security is crucial for merchants. As eCommerce continues to flourish, a PYMNTS Intelligence report, “Why Network...

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Visa Launches Spend Management Partnership With Denmark’s Cardlay
Visa Launches Spend Management Partnership With Denmark’s Cardlay
October 02, 2024  |  Partnerships

Danish FinTech Cardlay is working with Visa to improve spend management for commercial card issuers. The partnership, announced Wednesday (Oct. 2), combines Cardlay’s spend management platform with Visa’s market position, payment...

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Amex and Boost Join Forces on Virtual Card Processing
Amex and Boost Join Forces on Virtual Card Processing
October 01, 2024  |  B2B Payments

American Express has teamed with Boost Payment Solutions to provide commercial virtual card processing services. The offering, open to U.S. merchants that accept American Express (Amex), provides access...

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Missing Pieces: What the Pundits Get Wrong About the DOJ Debit Interchange Lawsuit Against Visa
Missing Pieces: What the Pundits Get Wrong About the DOJ Debit Interchange Lawsuit Against Visa
October 01, 2024  |  VISA

After listening to and scrolling through days of “expert” commentary about the lawsuit filed by the DOJ against Visa over debit interchange, I feel compelled...

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Synchrony and Dick’s Sporting Goods Extend Credit Card Program Partnership
Synchrony and Dick’s Sporting Goods Extend Credit Card Program Partnership
September 26, 2024  |  Partnerships

Synchrony and Dick’s Sporting Goods have extended their two-decade-long strategic partnership that includes a credit card program. With this multi-year extension, athletes will be able to...

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Shifting Digital Payment Trends Prompt New Visa Credential System
Shifting Digital Payment Trends Prompt New Visa Credential System
September 26, 2024  |  VISA

For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the...

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