ABA yesterday urged the Consumer Financial Protection Bureau to use its authority to update outdated disclosure rules to meet the needs of consumers and facilitate seamless digital payment experiences.
Browsing: Credit cards
Credit card use picked up in the fourth quarter of 2018, according to the American Bankers Association’s latest Credit Card Market Monitor released today.
U.S. fast food chain Wendy’s last week announced a $50 million settlement with financial institutions that suffered losses during a data breach that ran from October 2015 through June 2016.
Modest net percentages of banks tightened terms and standards for business loans in the previous quarter, with standards for the most part remaining unchanged, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
Credit card use picked up in the third quarter of 2018, according to ABA’s latest Credit Card Market Monitor released today.
Noncash payments in the U.S. continued to see strong growth in the period between 2016 and 2017, according to an annual supplement to the Federal Reserve’s triennial payments study released today.
To enable banks to issue credit cards with their own logo to commercial and retail customers, ABA has endorsed a new agent credit card program offered by ServisFirst Bank.
In the previous quarter, banks eased terms and standards for business loans, while tightening slightly on commercial real estate loans and easing in most residential mortgage loan categories, according to the Federal Reserve’s latest senior loan officer opinion survey released today.