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Analysis of UK credit card issuer data shows uplift in spending and payments
New UK credit card issuer data has been released for the period June and July 2020, the below is an...
Research note: Consumer interest in the credit card is declining
Research from Deloitte has warned credit card issuers they need to do more to encourage credit card use if credit...
Credit Card Issuers: Reviving the relevance of the credit card business
At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card...
US credit card debt hits new record of $870 billion
US credit card debt has hit a new record of $870 billion as of December 2018, according to the data...
UK credit lenders prepare for lack of lending in 2019
A new survey released by the Bank of England shows dire trading conditions for British banks and credit lenders as...
Chip and PIN cards remain consumers’ first choice for payments over contactless
Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred...
US Supreme Court rejects $7.25 billion card interchange fees revival bid
The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa...
MBNA finalise sale of credit card assets to Lloyds for £1.9bn
Lloyds Banking Group has finalised the purchase of MBNA’s UK credit card business from Bank of America for £1.9 billion pounds in...