Amex Takes a Shot at the Canadian Millennial Market and Will Gain Market Share
Millennial credit cards have reshaped the rewards landscape by emphasizing everyday spending categories instead of traditional travel benefits. As younger...
Taking the High Road; Experian Rolls out New Features
Awesome move. Instead of criticizing Equifax, Experian adds new consumer features in a UK market test. London Stock Exchange-listed global...
CFPB says EFX must be PDQ
The CFPB is all over the Equifax issue in what could be Richard Cordray’s swansong before he retire and runs...
Sonic Boom, Sonic Breach, Sonic Bust
Another big breach, this time it looks like 5 million fried food lovers from Sonic. Fast Company reports that card...
Losses Frighten; Regulators Tighten
What goes around comes around. One of the ways you survive in the payments business is by keeping an eye...
Equifax Breach Solutions: Physician, Heal Thyself!
The irony of it all. Today’s New York Times calls out Equifax’s breach management program offered for sale to victimized...
Payday Lenders, High Cost and High Risk Loans Need Alternate Thinking
Payday lending, like credit card interchange, typically get a bad rap. In the interchange issue, merchants tend to posit that...
Hurricanes Harvey and Irma Will Boost Consumer Credit Outstanding
Having just survived Hurricane Irma in (now sunny) Tampa, FL, this read from NASDAQ.com hits a chord. The hurricane will...
The FTC Is Investigating the Equifax Breach. Here’s Why That’s a Big Deal.
143 million consumers were affected by the Equifax breach. That averages out to just about every US household. As issues...
Americans’ Borrowing Hits Another Record. Time To Worry?
Household debt continues to be a closely watched indicator of consumer confidence and economic health. While rising debt levels often...
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