credit cards

Apple Card raises pressure on banks — and fintechs

03/25/19

The new Apple Card wasn't just one product of many announced at the Steve Jobs Theater on Monday — it was the glue that binds all of Apple's new services together.

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Apple Card: 7 key takeaways

03/25/19

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

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FHA to tighten mortgage standards; The man who can make or break a credit card

03/25/19

Agency concerned about the number of "risky" mortgages being approved; Brian Kelly, who runs The Points Guy website, can determine if a card succeeds or fails.

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Can Citi and Chase beat fintechs at their own game?

03/08/19

The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.

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U.S. credit card debt closed 2018 at a record $870 billion

03/05/19

U.S. credit card debt hit $870 billion — the largest amount ever — as of Dec. 31, according to data from the Federal Reserve. Credit card balances rose by $26 billion from the prior quarter.

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Bank Holding Companies with the Largest Credit Card Loan Portfolios

03/04/19

On Sep. 30, 2018. Dollars in thousands.

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Large grocery chain widens ban on Visa credit cards

03/01/19

The move by Kroger Co. comes in response to rising interchange fees on Visa's premium credit cards. The cards will be banned at 142 Smith's stores in the western U.S.

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JPMorgan Chase to offer online loans to credit card customers

02/26/19

The foray into digital consumer lending follows a similar move by rival Citigroup.

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Citi bracing for hit to credit card sales from Sears reorganization

02/25/19

The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.

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Philadelphia says banks colluded; Goldman’s 1MDB legal woes ‘just beginning’?

02/22/19

City sues seven banks for alleged price fixing on floating-rate bonds; analyst says “the most negative revelations are yet to come” in the 1MDB scandal.

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