American Airlines And Mastercard Renew Partnership For Even More Rewarding Travel Experiences
- 1 week 1 day ago
- Credit Cards
American Airlines and Mastercard today announced an extension of their decades-long partnership, reinforcing a shared commitment to delivering more rewarding travel experiences and value through advanced payments technology and services.
Ethiopia Embraces Its First Domestic Credit Card—Powered By OpenWay And SanuPay
- 1 week 1 day ago
- Credit Cards
SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country's shift toward formalised, digital financial infrastructure.
Chargebacks911’s 2025 Cardholder Dispute Index: New Report Reveals Why Today’s Consumers Dispute Transactions
- 2 weeks 12 hours ago
- Credit Cards
Chargebacks911, the global leader in dispute resolution and chargeback prevention, announced Monday the official release of its 2025 Cardho
FICO UK Credit Card Market Report: May 2025
- 2 weeks 1 day ago
- Credit Cards
The latest UK credit card data from global analytics software leader FICO provides stark evidence that consumer financial confidence remains low. Whilst spending has followed the usual seasonal drop after Easter, the average active balance is 4.7% higher year-on-year, suggesting consumers are not able to clear as much of their credit card debt. The percentage of balance paid is also trending downwards year-on-year by 5.8%.
Credit Card Debt Per Borrower Climbs To £2,920 As Consumer Optimism Grows
- 3 weeks 5 days ago
- Credit Cards
The average credit card debt per borrower has climbed to £2,920 – according to the Consumer Credit Report 2025 from TransUnion, a global information and insights company. With two-thirds (67%) of consumers feeling financially comfortable and 43% optimistic about their household finances over the next 12 months – up from 26% in 2022 – demand for credit is growing. Since 2022, the average credit card balance per borrower has grown by 15%.
Jaja Finance Becomes The First Credit Card Provider To Partner With Plain Numbers
- 3 weeks 6 days ago
- Credit Cards
Jaja Finance, the digital lender, has become the UK’s first credit card provider to partner with Plain Numbers, to help its customers better understand their credit card bills and make informed spending decisions at a time when they need it most. It is estimated that just under half of working-age adults in the UK have numeracy skills at or below the level expected of an 11-year-old, with about 20 million people in Britain having poor numeracy... more
FIS Partners With Issuer-Merchant Collaboration Platform Kipp To Prevent Card Declines and Unlock Revenue for Debit Issuers
- 2 months 1 week ago
- P-Cards, Credit Cards
FIS®, a global leader in financial technology, today announced a strategic partnership with Letskipp Ltd. (Kipp), a collaboration platform for card issuers and merchants, to introduce an innovative non-sufficient funds (NSF) authorization solution to its debit clients.
Perpay Taps Marqeta to Power Consumer Credit Card
- 2 months 3 weeks ago
- Credit Cards
Marqeta, Inc., the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating
FICO UK Credit Card Market Report: January/February 2025
- 3 months 7 hours ago
- Credit Cards
The latest analysis of UK card payments from global analytics software leader FICO shows that spending fell in January and rose in February, as per usual seasonal patterns. However, January saw increases in missed payments across one, two and three months. In February there was evidence of consumers prioritising card payments, with decreases in cardholders missing one and two payments. An area of concern for credit managers is the persistent... more
FICO UK Credit Card Market Report: November/December 2024
- 5 months 3 weeks ago
- Credit Cards
Spending, balances, payments, and cash usage on UK credit cards followed expected seasonal trends in November and December 2024, with spending and balances reaching the highest averages that global analytics software provider FICO has ever recorded. While missed payments fell in November and December, average balances rose on accounts where payments have been missed. Highlights
JetBlue and Barclays Launch Premier Credit Card Packed with Premium Travel Benefits
- 6 months 7 hours ago
- Credit Cards
JetBlue today announced the launch of the JetBlue Premier World Elite Mastercard® , issued by Barclays US Consumer Bank, designed to unlock incredible value for frequent travelers and everyday spenders. With elite benefits, such as complimentary lounge access, the Premier Card makes the JetBlue experience more rewarding than ever before.
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
- 6 months 1 week ago
- Credit Cards
Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.
JCB And Taiwan Rakuten Card Launch New JCB Panda Card
- 6 months 2 weeks ago
- Credit Cards
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, has announced the launch of the new JCB Panda Card in collaboration with Taiwan Rakuten Card. The new JCB Panda Card will be available starting January 15, 2025.
Managing Credit Cards at University
- 6 months 2 weeks ago
- Credit Cards
University life is often a time of significant personal growth and exploration, but for many students, it’s also a time of financial strain.
Tradition Capital Bank Partners With CorServ for Improved Credit Cards
- 6 months 3 weeks ago
- Credit Cards
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.
