credit cards

Citi uses mobile camera to trim card navigation steps

01/30/17

Consumers will be able to avoid manually entering a full account number on a mobile screen.

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Credit Unions with the Largest Credit Card Portfolios

01/25/17

On Sept. 30, 2016. Dollars in thousands.

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Capital One profits fall 14% on higher credit costs, less fee income

01/24/17

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

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Discover’s profit jumps 13% jump on surge in consumer lending

01/24/17

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

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Credit card giants in a delicate balancing act of costs, rewards

01/23/17

Credit card issuers usually reserve their richest rewards for customers at the higher end who are willing to pay steep annual fees. But a recent surge in credit card rewards deals targeting mainstream consumers signals a key strategy shift for issuers.

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Growth in credit card balances boosts profit at Synchrony Financial

01/20/17

The Stamford, Conn., credit card issuer reported net income of $576 million, up 5.3% from the same period a year earlier.

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American Express profit falls 8.2% as expenses exceed estimates

01/19/17

American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.

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End of an era: Citi CEO says 'restructuring is over'

01/18/17

Michael Corbat told analysts Tuesday that Citi will no longer report Citi Holdings, its erstwhile "bad bank," as a separate entity.

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SoftBank's big bet on next-generation tech

01/11/17

SoftBank's big bet on next-generation tech; Supreme Court hears surcharge arguments

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Ever Wonder Why Credit Card Companies Can Charge Such High Interest Rates?

03/14/13

By Ryan C. Wood The short answer is because corporate profits and corporations in general are favored over protecting the individual from harm these days.  Below is only one court decision in the long dismantlement of individual rights in favor of corporate rights.  Every state, well, every state used to have usury laws.  Have you [...]

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