Lessons from Apple’s Bite of the Card Business
Now that the famed Apple Card has been in the market for nearly 10 months, what can we learn from ...
Tag: Credit cards
Fed Survey: Non-Cash Payments Total $97.04T
More than 174 billion non-cash payments—those made with debit card, credit card, ACH and checks—were made in the U.S. in ...
N.Y. Fed: Credit Approval Rates Rise in 2019
Individuals who have applied for credit reported higher approval rates in 2019 than in 2018, according to the Federal Reserve ...
Boston Fed Researchers: CARD Act Limited Young Adults’ Ability to Build Credit
The 2009 Credit CARD Act may have hindered young adults’ ability to build credit histories, according to a new paper ...
Small Biz Credit Card Users More Satisfied, More Likely to Switch than Consumer Credit Card Users
While small business credit card customers report significantly higher satisfaction with their credit cards than consumer credit card customers, they ...
ABA Submits Feedback on Proposed Income Inclusion Regulations
ABA this week filed a comment letter on regulations proposed by the IRS on the timing of income inclusion under ...
Household Debt Continues to Increase
Outstanding household debt increased by 0.7% in the third quarter of 2019, rising by $92 billion to land at $13.95 ...
Credit Card Use Rebounds in Second Quarter
Credit card use rebounded in the second quarter of 2019, after moderating in the first quarter, according to the American ...
Credit Card Delinquencies Fall, Other Delinquencies Edge Up
Delinquencies were mixed in the second quarter, with delinquencies falling for bank cards while rising for the composite index of ...
CFPB: Total Credit Card Balances Reach $900B in 2018
Demand for credit cards remains relatively stable and banks are introducing new technologies like AI and chatbots into the payments ...
