Card Issuers Have Some Issues (V, MA)
Yesterday Visa Inc. (NYSE: V) filed a report with the US Securities and Exchange Commission indicating that the company’s total US payments volume fell by -3% and that US debit ...Read Full Story »
Posts related to ‘credit cards’
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Credit Card, Mortgage Lending Returning to Sub-prime Market (COF, GM, HBC, JPM)
Borrowers with less-than-perfect credit are being courted once more by lenders trying to bolster their loan portfolios to make up for the loss of fee income from new regulations. The ...Read Full Story »
American Express Is Going Shopping For Acquisitions (AXP, MA, V, EBAY, GOOG, AAPL, PAY)
The number of ways consumers can spend their money is poised to get larger. The familiar credit and debit cards are threatened by all manner of electronic payment methods, and ...Read Full Story »
The Death Of Credit Cards
Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there ...Read Full Story »
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