Credit card

Thanksgiving for the household budget

The most recent data from the Federal Reserve Bank of New York indicates that credit card applications increased in the third quarter while other forms of consumer credit declined. In the Consumer Expectations Survey, the New York Fed reports data through October 2023: Current application rates for any type of credit remain below pre-pandemic levels […]

Credit card

Driving the next wave of digital payments growth

The use of credit is fundamental to the management of any consumer’s lifestyle. However, many fear that consumers are spending too much and ending up in a debt trap. In a significant acceleration of credit penetration into the digital payment platform, government-backed RuPay credit cards can now be linked to the Unified Payments Interface (UPI). […]

Bank loan

Bank lending growth shows slight decline in fortnight from November 4

Bank lending was up around 17% year-on-year (year-on-year) in the fortnight ending Nov. 4, down from the nearly 18% year-on-year rise in of the fortnight ended on October 21. Rs 42,432 crore from the previous fortnight. “Last year, because of Covid-19, there was a base effect. So the loans started to increase from November,” said […]

Credit card

Fight to master credit card ‘swipe fees’ explained in editorial

The washington time published an editorial written by Jeff Brabant, Director of Federal Government Relations for the NFIB, who explains how credit card companies continue to increase credit card swiping fees and how the Credit Card Competition Act 2022 would give small businesses real choices for the first time. “The credit card fee crisis has […]

Demand deposit

Sight deposit accounts | The bank rate

Fly View Productions/Getty Images Demand deposit accounts are the most common type of bank account, and most Americans have one or more of them. They provide easy access to your money, making them suitable for storing emergency savings as well as paying bills, writing checks, and making debit card purchases. Definition of current account A […]

Credit card

Here are the worst credit card tips we found on Instagram

Image source: Getty Images Think twice before following credit card tips on Instagram. Key points Balance transfers are tempting, but the costs can outweigh the benefits. Do your research before working with credit repair services. Don’t blindly ask for credit cards. We all know we have to be careful who we take financial advice from. […]

Credit card

BSP maintains cap on credit card fees until the end of the year

Lawrence Agcaoili – The Filipino Star November 13, 2022 | 00:00 MANILA, Philippines — Consumers are expected to continue to enjoy low interest rates and fees on their credit card transactions at least through the Christmas holidays after Bangko Sentral ng Pilipinas (BSP) decided to maintain the current cap until ‘at the end of the […]

Credit card

The Global Credit Card Payments Market Will Reach USD 732.8 Billion

Credit card payment market A new report released by Vantage Market Research titled “Credit Card Payment Market” report provides in-depth analysis of global, regional and country market size, market growth by competitive landscape, segment, share, analysis of sales, the results of national and international market players, value chain. Opportunity analysis, optimization, business rules, recent developments, […]

Credit card

The rewards credit card market will explode

Rewards the credit card market Latest industry growth study of Rewards Credit Cards Market 2022-2027. A detailed study accumulated to offer latest information about acute features of the Rewards Credit Cards market. The report contains different market forecasts related to revenue size, production, CAGR, consumption, gross margin, price, and other important factors. While emphasizing the […]

Credit card

How would credit card issuers react to a recession?

An economic hurricane is coming, according to Jamie Dimon, CEO of JPMorgan Chase. In fact, nearly all US CEOs (98%) recently surveyed by the Conference Board say they are preparing for a recession in the next 12 to 18 months. Our latest Bankrate survey of leading economists posed the question slightly differently. Panelists estimate that […]

Credit card

Pamplin Media Group – My take: Credit card ‘reading fees’ weigh on family finances

US senators from Oregon are expected to support the bipartisan Credit Card Competition Act of 2022. The current economic climate is not optimal for the small business community that drives Oregon’s economy. As most Oregonians feel cash, inflation is raging at the fastest rate in 40 years. Supply chain issues limit what can be stocked […]

Credit card

Opportunities for the Global Rewards-Based Credit Card Market to Achieve Flagrant Growth in the Coming Years by 2029 Capital One, Find Out, Wells Fargo, Bank of America

Worldwide “Rewards-Based Credit Card Market” The 2022 research report presents a professional and comprehensive analysis of the global rewards-based credit card market in the current situation. This report includes development plans and policies as well as reward-based credit card manufacturing processes and pricing structures. Reports 2022 research report offers an analytical view of the industry […]