credit cards

Banks and credit card companies would be able to withstand, and even still be profitable, if there were to be a national cap on interest rates, according to the research. read more >

By the third quarter of 2024, they had reached their pre-pandemic levels. read more >

Mastercard, which is based in Purchase, New York, says with this new update it can use other patterns or contextual information, such as geography, time and addresses, and combine it with incomplete but compromised credit card numbers that appear in databases to get to the cardholders sooner to repl read more >

The share of credit card debt that's more than 90 days overdue rose to 10.7% during the first quarter, a 14-year high. read more >

Two major buy now, pay later players — Affirm and Klarna — say they welcomed the regulation. read more >

Two Arkansas banking executives write in with feedback on the April 8 article, “Swiped Out: Card Fees Cost Arkansas Businesses $600M in 2022” read more >

The deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar way that the large merchants do on their own now. read more >

Americans' spending has been resilient ever since inflation first spiked almost 18 months ago, but the capacity of Americans to continue spending in a period of high inflation may be beginning to ebb. read more >

Excluding one-time charges, which included Visa writing down some of its investments due to the drop in the stock market this year, the company earned $4.09 billion, or $1.93 a share. read more >

Sifting through the commercial card options available for business credit. read more >

The heavily publicized theft of credit card data from Target servers in November has highlighted a glaring issue that Arkansas banks and retailers must soon address: Our plastic technology is obsolete. read more >

Most Arkansans, like most Americans, fail to do much research when seeking credit cards, according to a report released earlier this year. read more >

Experts say the stepped-up marketing of credit cards, especially by the big players, signals the end of the most generous offers, which were being made to the most credit-worthy borrowers as credit card issuers continue to rebuild the business that was damaged during the recession. read more >

Simmons First National Bank has been a national player in the credit card market for decades. Credit cards have remained a profitable line of business even though the Pine Bluff bank has resisted the kind of changes that other issuers have embraced. read more >

Kasasa helps those financial institutions institute rewards programs in which customers could earn interest on their free accounts or other incentives, including cash back and iTunes downloads. The program can be found in at least 39 states. read more >