credit cards

Credit card issuers bulk up; Diversity still a challenge for banks

12/06/19

Issuers have started adding metal to their credit cards; banks have been “slow” to add diversity in executive ranks, filings suggest.

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‘Fintech as a service’ provider Rapyd becomes Durable Capital’s first investment

12/03/19

Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet.

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How financial institutions can support people with mental health issues

11/26/19

Yale researchers have recommended several consumer banking products and services that could help those with mental health challenges manage their money.

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Credit Unions with the Largest Credit Card Portfolios

11/25/19

On Jun. 30, 2019. Dollars in thousands.

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Apple Card’s bias charges could contain a silver lining for small businesses

11/21/19

The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand.

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Amex sweetens pot for merchants; Trump, Powell meeting raises questions

11/19/19

The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.

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Elizabeth Warren slams Goldman over Apple Card bias furor

11/14/19

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

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Bias probe or not, the Apple Card is setting a new standard for banks

11/11/19

The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications.

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SOFR-linked deals plummet; 1MDB scandal mastermind settles with DOJ

10/31/19

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

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Xpress Money, Geoswift collaborate on China remittance service

10/29/19

Finabler’s Xpress Money cross-border transfer service has partnered with Geoswift to enable consumers in global markets to send funds in real time to Chinese bank accounts.

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