Study: Dodd-Frank Limited Revolving Consumer Credit by Double Digits
The Dodd-Frank Act has resulted in a 14.5 percent reduction in the revolving credit available to consumers in the form ...
Tag: Credit cards
Study: Millennials Have High Debt Burden, Low Financial Capability
U.S. millennials are lacking in their understanding of financial concepts, with only 24 percent demonstrating basic financial knowledge, according to ...
CFPB: Campus Credit Cards Continue Decline
Credit cards offered in conjunction with colleges, universities and affiliated organizations have continued to decline since the CARD Act was ...
Weekly Infobyte: Americans Say That Retailers Bear Responsibility for Protecting Customer Data
Voters are twice as likely to say that retailers, not financial institutions, are responsible for protecting customers' payment data.
OCC: Underwriting Standards Ease, Credit Risk Grows
Credit risk for both retail and commercial loan products has increased over the past three years as and is expected ...
ABA Op-Ed on EMV: ‘It’s the Chip That Matters’
The chip is key to the security of new EMV cards, ABA SVP Jess Sharp said in an American Banker ...
CFPB: CARD Act Followed by Increase in Credit Availability
Credit availability has increased by 10 percent and total cost of credit has decreased by 2 percent since the implementation ...
Target Settles Bankers’ Data Breach Claims
According to documents filed today, Target has agreed to pay approximately $39.4 million to settle claims by card issuers over ...
ABA Report: Access to Credit Cards Expands in Q2
New credit card accounts rose 16 percent year-on-year in the second quarter to total 318 million, according to the latest ...
For Holiday Shopping, ABA Educates Consumers on Chip Cards
To help consumers make the most of new chip cards during the holiday shopping season and understand their security benefits, ...
