Some banks have recently started automatically increasing credit card limits for customers; the credit card companies hope that doing so...
CashBack+ is a suite of products letting shoppers earn cash back on their purchases. The white-label offering is from New York-based Prizeout, whose technology integrates with credit unions' online banking systems.
Credit-card debt has grown to record highs and some large banks are reporting increased delinquency rates; this trend, combined with higher interest rates could be cause for concern according to Michael Pearce, an economist at Capital Economics; article provides data from the NY Fed on delinquent loans across student, auto, mortgage and credit card debt. Source
Marlette recently closed a $225 million Series E equity raise led by the Healthcare of Ontario Pension Plan.
The new joint credit card is anticipated to be launched next year and will carry the Apple Pay brand; this...
Brex has announced a significant $150 million round at a time when fintech funding has slowed significantly; the round was...
The Financial Health Network released its 10th annual Spend Report, showing the first-ever overall decline in spending on interest and fees.
FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
The credit card business used to be much more profitable for banks; a recent study showed that fee income across...
Despite being less than two years old Marcus by Goldman Sachs continues to aggressively expand their consumer finance business. It...