AI Has a Long History with the Credit Industry
Artificial intelligence (AI) is not as new as some make it seem. The credit card industry has been using it...
Settling Down: Mastercard and Visa Resolve Credit Card Merchant Litigation
Mastercard and Visa settled litigation originally filed in 2005, during the Presidential administration of George W. Bush. The lawsuit was...
Not So Private Private Label Credit Cards
The private label credit card industry is hot. We reported on it how this 400 million card business is set...
EMV Credit Cards: Achieving Success at $10 an hour
Re-carding the American credit card business was a monumental effort. About a billion cards, more than a million payment acceptance...
The Case of the Wandering Won: South Korea Credit Card Accounting Lapse
This is not the first time for a crisis in the South Korean credit card industry but it is a...
Loyalty Royalty: Should Credit Card Issuers Watch Retailers?
Interesting story in today’s WSJ about rewards at top retailers. Credit card issuers have a long tradition of using points...
Discover IT: Back to Business
Discover announced their re-entry into the small business card market today; they left the business segment before the recession. Mercator...
Credit Card Statements: You Can Charge But You Can’t Hide
Three reads in today’s news illustrates one of the many wonderful things about credit cards: they force documentation. The documentation...
Payments in India: A Rapidly Maturing Market
Here is a very good read on the Indian market from Forbes India. The market is quickly modernizing, though with...
UK Credit Card Slowdown this Month following Decrease in U.S. spending
The Bank of England has been setting off alarms about rapidly rising credit card debt in the UK, requesting that...
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