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 ...
Tag: Credit cards
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 ...
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.
Nine Young Bankers Who Changed America: Richard Fairbank
Through big data and clever marketing, Richard Fairbank changed the way Americans acquire and use credit cards.
CFPB Urges Card Issuers to Seek Alternatives to Deferred Interest Promotions
The CFPB recently sent letters to top retail credit card companies expressing concerns about deferred interest products, which allow consumers ...
ABA: CARD Act Has Led to Higher Credit Costs, Lower Availability
ABA today filed comments in response to the Consumer Financial Protection Bureau’s request for information regarding the consumer credit card ...
Fed Survey: Banks Continue to Tighten on CRE Lending
Bankers continued tightening credit for commercial real estate and certain consumer loans in the first quarter of 2017, while easing ...
Credit Card Market Expands in Fourth Quarter
New credit card accounts totaled 88.1 million in the fourth quarter of 2016, according to the latest edition of ABA’s ...
Consumer Delinquencies Mixed in Fourth Quarter
Delinquencies in closed-end loans rose in the fourth quarter of 2016 while delinquencies in open-end loans fell, according to the ...
