News Topic: credit cards

American Express Co. is pulling out the big bucks to keep its stronghold on premium credit-card users. ... Read full article

The company owning brands such as Kay Jewelers and Jared the Galleria of Jewelry will pay $11 million under a settlement with the consumer bureau and New York's attorney general. ... Read full article

CEO Michael Corbat will need to lean heavily on credit cards and other consumer business lines, and keep driving down costs, to offset weaknesses in capital markets. ... Read full article

Trading revenue for banks is expected to be flat; the bank plans high deposit rates to lure corporate customers. ... Read full article

Readers weigh in on pushback by appraisers to a new regulatory proposal, consider credit card issuers' role in the gun debate, respond to recent credit union mergers and more. ... Read full article

The subprime online lender said Thursday that it will spin off its credit card business into a new entity, Mission Lane. It also named a new CEO to replace its founder, Sasha Orloff. ... Read full article

Consumer lending should also be a bright spot, while mortgage lending could be suppressed by rising rates and tight housing supplies. ... Read full article

More consumers fell behind on their loans in the third quarter of 2018, even as average wages rose and the unemployment rate fell to a 50-year low. ... Read full article

Issuers should take seriously critics’ claims they need to more closely monitor the sale of guns, before policymakers force the issue. ... Read full article

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year. ... Read full article

Citi wants to attract credit card customers who use its card for staples such as groceries and gas — a pivot from its past of marketing to the social butterflies who would use its cards on dining and entertainment. ... Read full article

The Office of the Comptroller of the Currency announced Friday that it has lifted restrictions relating to U.S. Bank's flawed efforts to prevent money laundering and Citi's deceptive marketing and billing practices. ... Read full article

As part of the agreement with HSN, Synchrony has also extended its partnerships with HSN affiliates QVC and the e-commerce site Zulily. ... Read full article

The bank’s efforts to show its ethical side may be “undone” by Malaysian scandal; airlines co-branded cards helping profits … for now. ... Read full article

Lawrence Weinbach will replace David Nelms, who had already stepped as CEO. The transition will take place Jan. 1. ... Read full article

Jason Brown explains why his company, Tally, helps consumers by paying their monthly balances, providing advice and offering a lower-rate credit line. ... Read full article

The regional bank is working with customers to help develop and launch new products, including a small-business credit card. ... Read full article

Amid negotiations with Synchrony Financial over the potential purchase of a $10 billion portfolio, Capital One's Richard Fairbank indicated Wednesday that he is willing to walk away. ... Read full article