Delinquencies slightly improved for both issuers, but Discover’s card volume fell behind
Discover’s more limited global acceptance could frustrate customers, but Capital One would have the time and resources to grow acceptance
Credit card issuers can steal share from debit cards by expanding grocery-focused rewards and promoting budgeting tools
Digital wallets are solving this with passwordless checkout, which will likely become the industry norm
The company used its two-sided network to capitalize on the holiday weekend
The tech will make it easier for consumers to choose how they pay— boosting the card’s already strong growth
The inquiry could lead to yet another antitrust case against the payment networks
Recent acquisitions and service launches will help it maintain momentum
Even so, it’s laying off workers as it dives into value-added services and non-card payments
The company is shifting its strategies to achieve greater profitability, but investors still aren’t impressed
But few do because they’re concerned about implementation costs and customer uptake
The potential ban on interchange for the taxes and tips could dampen issuers’ revenues and encourage other states to follow suit
While conditions are improving, the warning signs haven’t gone away completely
The open-banking-powered card offering brings together the benefits of A2A payments with the ease of card payments. Innovations like this could spur A2A payments usage globally
The retailer is pushing non-card payments to save on swipe fees, a perennial frustration for merchants, but getting consumers to make the switch will be tricky
Both Mastercard and Visa are spending big on fraud protection as threats pile up
Conference panelists discussed changes in the maturing industry as it ripples across the payments space
The actor’s appeal across generations can help attract users for the company’s debit card and in-store offerings
Many are willing to go into debt to get through the season. This could become a problem for payment providers
As consumers made more payments than ever in 2023, new trends are emerging
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