News Topic: credit cards

Credit One Bank is America's fastest-growing credit-card issuer. It's also the most complained about. ... Read full article

Eight states want the credit bureau to show what it’s doing to improve data security; Goldman, Morgan Stanley and Wells Fargo will be the focus of this set. ... Read full article

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card. ... Read full article

American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected. ... Read full article

The U.S. Supreme Court threw out a government lawsuit that accused American Express Co. of thwarting competition by prohibiting merchants from steering customers to cards with lower fees. ... Read full article

Wells Fargo & Co. is finally going after the young and points-hungry by boosting rewards on one of its premium cards. ... Read full article

The bank's $17 billion investment in growth businesses is not seen as a game changer; Synchrony working with retail partners to make credit decisions on the fly. ... Read full article

Wells Fargo & Co. customers hoping to use their credit cards to buy Bitcoin will have to look elsewhere. ... Read full article

Dark clouds may not yet be on the horizon, but industry executives are sending the message to investors that they know a turn in the credit cycle is coming, and they are planning accordingly. ... Read full article

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years. ... Read full article

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn. ... Read full article

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months. ... Read full article

Circle Internet Financial says it is now worth $3 billion following latest funding round; proposed changes would give banks more leeway to make some trades. ... Read full article

U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next. ... Read full article

Regalii has changed its name to arcus and switched from cross-border bill payment to helping banks use tokenization to reissue lost, stolen or breached cards. ... Read full article

The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division. ... Read full article

Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments. ... Read full article

This would be the bank’s first foray into credit cards; Wells Fargo says it won’t be able to comply with Fed requirements before next year. ... Read full article