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Majority of Americans Reliant on Credit Card Rewards During Holidays

Majority of Americans Reliant on Credit Card Rewards During Holidays

Electronic Payments Coalition survey found that most Americans currently have a credit card with a rewards program
Mortgage Applications Increase along with Credit Card Debt

Mortgage Applications Increase along with Credit Card Debt

While housing demand increased, it was still more than 20% below this time in 2022
Rising Credit Card Debt Increasing Financial Pressure

Rising Credit Card Debt Increasing Financial Pressure

Survey found more than half of Americans are not paying off cards in full every month
Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
Goldman Sachs Sends Warning Due to Credit Card Losses

Goldman Sachs Sends Warning Due to Credit Card Losses

The losses are already the fastest pace in decades and comes even while the economy is relatively stable
SmartMetric Receives Approval for Fingerprint-Activated Card

SmartMetric Receives Approval for Fingerprint-Activated Card

US fintech receives clearance to ship its biometric card with inbuilt battery
Spenders Prefer Debit Cards for POS Payments: Survey

Spenders Prefer Debit Cards for POS Payments: Survey

Debit cards are dominating consumer payment methods over digital, cash and credit
Are Credit Cards an Obstacle in Managing Finances?

Are Credit Cards an Obstacle in Managing Finances?

A study has found that many Americans are looking for alternative payment options to traditional credit
Pandemic Payment Trends Continuing, Fed Finds

Pandemic Payment Trends Continuing, Fed Finds

Fewer cash payments and more use of cards is the broad trend — and there’s little evidence that mobile payments are catching on yet
Banks Hit Back at Credit Card Fee Changes

Banks Hit Back at Credit Card Fee Changes

The ABA and ICBA have criticized plans to limit late fees on credit cards, which the CFPB believes will slash costs to consumers by $9 billion
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