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There’s a gift for student lenders in the education bill

11/30/17

Introducing limits on federally guaranteed loans to graduate students, instead of letting them borrow whatever schools charge, would create a multibillion-dollar opportunity for private lenders.

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Is Discover's breach alert service a risk to its brand?

07/28/17

When breaches occur it is the standard practice for the notification to come directly from the company affected. The difference with Discover's service is that, because it's an opt-in program, its users may already be bracing themselves for bad news.

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Big banks and regionals strategize for the second half of 2017

06/15/17

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

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Hope for banks as Justice Department punts on swipe fee case

06/07/17

The Trump administration is stepping away from the government’s 7-year legal fight with Amex that centers on retailers’ right to encourage the use of particular cards. The decision is good news for issuers of credit and debit cards, though it is hardly the last word on the case.

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Credit card losses climb as consumers take on more debt

04/26/17

All six big card issuers reported higher chargeoffs in their credit card businesses, a sign that the post-crisis era of exceptionally strong credit performance has run its course.

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Rising credit card losses offset loan growth at Discover

04/25/17

The era of exceptionally strong loan performance in the credit card business has come to an end, and the Riverwoods, Ill., firm is feeling the effects.

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Did Durbin amendment lead to unintended credit card splurge?

02/27/17

Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns.

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Lemons or lemonade? How bankers feel about their environment

02/10/17

Some execs have plenty to be sour about, but others are emphasizing the possibilities amid today's economic and political realities. Their contrasting mindsets were on full display at a Credit Suisse conference this week.

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Tiny, Hidden Credit Report Errors Can Lead to Bankruptcy

12/12/10

Credit reporting mistakesThe Wall Street Journal recently published a new story entitled

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