GM Goes Shopping: A Car and a Card
The Transportation Security Administration (TSA) reported that U.S. passenger traffic is only 27% of what it was last year, which ...
Tag: Citi
Citi Sees Surge in Corporate Online Account Opening Amid Pandemic
As we have seen and stated a number of times during the pandemic, one clearly expected post-COVID-19 outcome is for ...
Credit Card Disputes: The Best Line of Defense is Already in Place
There is plenty of buzz about credit card fraud these days, including the WSJ, which cites data from FIS on ...
Credit Card Payment Deferments and Holidays: Making The Working Process
Credit card issuers are receptive to helping consumers with a financial bridge during the COVID crisis. As you probably observed ...
Credit Cards: “Bracing for Impact”
Today’s WSJ summarized the condition of the global credit card industry in three simple words that concisely depict the state ...
Alliance Data: Is Three a Charm with a New CEO?
The private label credit card (PLCC) business faces unique challenges in the U.S. market. PLCC companies are highly sensitive to ...
The Verizon Credit Card: Synchrony Kicks Off 2020 With a Big Win
2019 was a significant year for Synchrony. The company was selected by Venmo to issue a credit card, created an ...
Blurring the Lines between Tech and Banking
The narrative on fintechs has been consistent for many years—fintechs pose a direct threat to banks. PWC released a report in ...
Citi Launches Platform for Cross Border B2B Payments
This announcement was picked up through Finextra and summarizes a new cross border capability for Citi clients. Without the benefit ...
Sallie Mae Moves Beyond Education and Enters the Credit Card Business
The CARD Act of 2009 set explicit restrictions on the card issuance for college students. From my experience with adult ...
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