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The second quarter of 2012 showed a continuing trend of improving loss rates and increasing purchase volume compared to both the prior year and the prior quarter; however, credit card issuers still face sluggish receivables growth. The most significant event in the second quarter of 2012 was the close of Capital One’s acquisition of HSBC’s [...]
The post Q2 2012: U.S. Credit Card Issuer Performance Snapshot appeared first on Payments Cards & Mobile.
