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US credit card balances pass $1 trillion
Total credit card balance in the US have soared past $1.03 trillion, hitting a new record, according to the Federal...
UK credit card market report – Lenders on high alert
The latest data on UK credit card trends paints a picture of considerable consumer financial volatility as the dual pressures...
BNPL regulation: Is consumer debt finally reaching breaking point?
BNPL has, to date, managed to escape regulations aimed at other interest-bearing loans. In the UK, where the BNPL market...
UK credit card market report 2022
The latest report of UK credit card trends — for September 2022 — provides clear signs of consumer indebtedness as...
UK credit card and consumer borrowing rising at alarming rate
Credit card borrowing in the UK has grown at its fastest pace since 2005 in the 12 months to July,...
Visa follows suit and raises interchange fees for UK card holders
Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British...
Infographic: Credit card killer? The rise of BNPL
The hype train for buy now, pay later (BNPL) continues to pick up steam as consumers seek shopping alternatives during...
Goldman Sachs closes in on $2.5 billion GM credit card portfolio acquisition
Goldman Sachs is rumoured to be closing in on the acquisition of General Motors’ credit card business Goldman will pay...