The annual charges increased across all six cards, but Amex is hoping the enhanced rewards will offset the added consumer costs

The network also forecasts a surge in ecommerce returns, per its 2024 economic outlook

We capture how payment providers are innovating to meet new preferences and capture this vital volume in four trends

Leading cash-back credit cards need to drive acquisition in an increasingly competitive segment of the card market. Our exclusive consumer survey data reveals which emerging features issuers should invest in to win over customers.

Growth in digital account openings for credit cards is slowing, thanks to tightening standards and changing generational behaviors. But issuers are utilizing new tools to keep it afloat.

Issuers are bracing for a recession to take a toll on charge-off rates, merchant fee revenues, and interest income. But have they fully baked in the economic threats consumers face?

A report shows some big financial brands slowed their ad spending well before the unwelcome publicity around the regional banking crisis.

Reported plans to launch Apple Pay and its credit card in the country could support growth plans—if it beats out stiff competition.

A tie-in with PayEm will help businesses more easily manage their spending, which should appeal to firms trying to cut costs.

The neobank launched the Ultra card, which offers travel, lifestyle, and investment perks. But stiff competition will pose a challenge.

It will use AI for transaction approval, predictive analytics, and customer experience tools

Payment service providers competing to serve small and medium-sized businesses have a new opportunity to win them over with cutting-edge payment, cash flow, capital, and marketing tools.

But as macro economic headwinds continue, card networks may start cutting into the rewards that are bringing them this spend.

High inflation and growing interest rates are putting the credit card industry in a precarious position. As 2023 progresses, issuers and networks will rethink their strategies and marketing schemes to protect their bottom lines.

Economic uncertainty and rapid technological innovation are shifting industry dynamics for players across the payments ecosystem, including acquirers and processors, networks, and issuers.

Nipendo specializes in B2B payments automation, which can help Amex attract new business and compete more aggressively.

Invigorated travel has reestablished demand for travel credit card perks and benefits. But a recession could reverse gains—requiring premium card issuers to balance travel offerings with everyday utility. This second annual study reveals which of 10 leading premium travel credit cards are best positioned to attract and engage customers, based on their support of 49 emerging features.

The $11 trillion US payment card network is developing new strategies to turn threats from fintechs, homegrown networks, and rising regulatory scrutiny into growth opportunities.

The card, issued by Celtic Bank and powered by i2c, will be Square’s first foray into small-business credit cards.

Following two tough years, US OOH ad spending will near its pre-pandemic levels in 2022, as advertisers embrace traditional outdoor placements, particularly billboards.