In a landmark decision, major credit card companies reached a $6 billion settlement with retailers over the fees credit card processors charge to process each swipe of a credit card. Businesses pay...
Continue readingYou might have a higher credit score than you think! Fair Isaacs Corporation in a partnership with CoreLogic created a new credit scoring system that includes customer's credit history and...
Continue readingIf credit card companies are known for anything, it's their marketing. This week, a new study from Mintel Compremedia, a marketing research firm, released a new report on total credit card mailing...
Continue readingA new start-up named Wallaby wants to help you make better use of your credit cards. The company will not offer credit lines to customers, but instead give its users the opportunity to load their...
Continue readingMany people see cash advances and balance transfer checks as one in the same: an easy way to draw money from your credit card account when you need it most. In reality, a cash advance is a very...
Continue readingBanks are loosening their lending standards to make more consumer loans, according to a new survey by the Office of the Comptroller of Currency. The study asked banks to qualify their lending...
Continue readingEach quarter, banks release critical information about their financial standing to shareholders. This information also helps analysts survey the market for credit cards. As of its most recent...
Continue readingThe market for consumer credit could get tighter as banks find it more difficult to find sources of capital. Credit cards, which are often financed by a bank's borrowing, are one such product that...
Continue readingConsumers might not be feeling much relief when it comes to interest rates, but the industry is stepping up its offers to grab new customers. New credit card offers are more likely to have longer...
Continue readingHome Depot partially credited recent cost-savings from interchange fees - fees banks charge retailers to process debit card transactions - for its ability to lower prices at its thousands of retail...
Continue readingThe 2012 Annual Card Issuers' Safety Scorecard from Javelin Strategy & Research found that safety for credit card users has fallen year over year - criminals find it easier to compromise...
Continue readingMore than two-thirds of tech insiders think mobile payments will outpace credit cards as soon as 2012, according to a poll by Pew Research. The survey asked more than 1,000 people about the future...
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