Credit Card Market Expands in Second Quarter
New credit card accounts totaled 91 million in the second quarter of 2017, according to the latest edition of the American Bankers Association’s Credit Card Market Monitor released today.
Browsing: Credit cards
In Twist, Cash and Debit Cards Grow Payment Share
Cash, debit cards and prepaid cards all increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2015 Survey of Consumer Payment Choice released today.
How Credit Cards Fueled Global Economic Growth
By greatly facilitating transactions, William Boyle’s credit card helped the global economy to grow, and benefited bankers, merchants and customers alike.
CFPB Announces 2018 Reg Z Dollar Thresholds
The Consumer Financial Protection Bureau today announced 2018 changes in dollar thresholds for several Regulation Z provisions governed by the CARD Act, the Home Ownership and Equity Protection Act and the Dodd-Frank Act. The thresholds are based on changes in the Consumer Price Index.
J.D. Power: Lavish Credit Card Rewards, Bonuses Drive Consumer Satisfaction
Generous rewards and sign-up offers, especially in super-prime customer segments, have helped drive up consumer satisfaction with credit cards, according to a J.D. Power study released today.
Credit Card Market Grows in First Quarter
New credit card accounts totaled 91 million in the first quarter of 2017, according to the latest edition of ABA’s Credit Card Market Monitor released today.
Survey: Consumers Concerned about Card Security Even as Fraud Rate Falls
Efforts by financial institutions to secure card payments and prevent fraud appear to be paying off, according to a recent survey commissioned by Transaction Network Services.
Fed: Credit Card Banks Report Lower Profits in 2016
Profitability among the nation’s large credit card banks fell slightly in 2016, according to data released by the Federal Reserve today.
Fed Survey: Noncash Payments Increase, Debit Most Popular with Consumers
Consumer noncash payments have increased significantly between 2000 and 2015, according to new data from the Federal Reserve today.
Nine Young Bankers Who Changed America: Dee Hock
Hock imagined the Visa network, an entirely new approach to card acceptance and settlement.