UK Credit Card Payment Rates Drop and Balances Rise as Summer Spending Puts Pressure on Consumers
- 3 weeks 1 day ago
- Credit Cards
As summer spending rose in June, credit card data analysis by global analytics software leader FICO underlines the financial pressures facing UK households. Falling payments contributed to an annual increase in accounts with one, two and three missed payments. And with average balances across all three delinquent categories rising month-on-month, risk teams will need to maintain heightened monitoring for signs of pressure on affordability.... more
QIB and Visa Launch Summer Rewards Campaign for New Marriott Bonvoy Credit Cardholders
- 4 weeks 1 day ago
- Credit Cards
Qatar Islamic Bank, Qatar’s leading digital bank, has launched a new summer rewards campaign, in collaboration with Visa, offering customers applying for a new QIB Marriott Bonvoy Visa credit card, the opportunity to earn up to 150,000 Marriott Bonvoy bonus points, redeemable for up to three complimentary nights at participating hotels and resorts worldwide.
Aven Launches Bitcoin-Backed Credit Card, Built on BitGo’s Infrastructure
- 4 months 2 weeks ago
- Credit Cards
BitGo Inc., the digital asset infrastructure company, and BitGo Bank & Trust, N.A., an OCC-regulated digital asset bank, (together "BitGo") both subsidiaries of BitGo Holdings, Inc., today announced a partnership with Aven, a leading machine-banking platform and provider of asset-backed credit cards, to support the launch of the Aven Bitcoin Visa Card. The card enables eligible consumers to access a line of credit secured by bitcoin... more
BanCoppel Selects BPC’s SmartVista to Power Its Instant Credit Cards Issuance Across Mexico
- 5 months 1 week ago
- Credit Cards
BanCoppel, one of Mexico’s most prominent retail banks and part of Grupo Coppel, has chosen BPC, a global leader in payment solutions, to modernize its cards and payments operations on the next-generation SmartVista platform. This program serves as the cornerstone of BanCoppel’s multi-year digital transformation, designed to position the institution as Mexico’s preferred financial services provider by offering simple, affordable, and accessible... more
UK Credit Cards in 2025: Balances Reached New Highs While Payments Fell
- 6 months 1 week ago
- Credit Cards
According to analysis of its credit card data for 2025 by global analytics software leader FICO (NYSE: FICO), there was a fundamental shift in market dynamics from traditional cyclical patterns to clear management of affordability challenges.
HSBC UK Relaunches Premier Credit Card With Powerful New Rewards and Travel Benefits
- 7 months 5 days ago
- Credit Cards
HSBC UK today announces the relaunch of its Premier Credit Card. Reimagined to deliver significantly greater value, enhanced travel rewards, and instant access to exclusive lifestyle perks. The refreshed card offers a fee-free alternative to the existing HSBC Premier World Elite (£290 annual fee) for eligible customers*.
FICO UK Credit Card Market Report: September 2025
- 9 months 2 weeks ago
- Credit Cards
The latest credit card data analysis from global analytics software leader FICO, for September 2025, underlines the financial balancing act households have faced this year.
Paymentology and Datos Insights Release Landmark Global Study on the New Economics of Credit Cards
- 9 months 2 weeks ago
- Credit Cards
Paymentology, the leading next-generation global issuer-processor, today announced the launch of a new report developed in partnership with Datos Insights: The Global Credit Card Shift: Next-Gen Platforms Bypass Legacy Limits.
29% Jump in UK Credit Card Limits Reported by Equifax Q3 Barometer
- 9 months 2 weeks ago
- Credit Cards
UK credit card data reveals a significant rise in the number of credit limit increases granted over the summer, even as repayment behaviours remain stable, according to the latest Equifax UK Affordability Barometer1, which tracks consumer credit trends across major lending categories.
United Arab Bank Signs Exclusive Partnership With the ENTERTAINER to Offer Lifestyle Benefits With New UAB Credit Cards
- 11 months 4 weeks ago
- Credit Cards
United Arab Bank (UAB), one of the UAE’s oldest homegrown banks, has partnered with the ENTERTAINER, the leading lifestyle savings app in the region, to offer complimentary 12-month membership with its new Credit Cards.
FICO UK Credit Card Market Report: June 2025
- 1 year 1 month ago
- Credit Cards
The latest credit card market data from global analytics software leader FICO shows how rising spend and falling payments to balance are continuing to push up average balances. Increased spending follows expected seasonal trends, but the percentage of balance paid continues to trend downwards, which will be a concern for lenders. Highlights
Empower Finance Rebrands to Tilt and Launches Tilt Credit Cards to Accelerate Reliable Access to Fair Credit
- 1 year 1 month ago
- Credit Cards
Empower Finance, Inc., a leader in cash flow underwriting and a pioneer in financial product innovation, today announced that it has rebranded to Tilt. The new brand identity signals the company's evolution toward a broader suite of cash and credit products—and a deeper commitment to expanding reliable access to fair credit around the world.
Euronet And CoreCard Announce Merger Agreement
- 1 year 1 month ago
- Credit Cards
Euronet, a global leader in payments processing and cross-border transactions, and CoreCard Corporation (NYSE: CCRD), a leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced they have entered into a definitive agreement for Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per... more
American Airlines And Mastercard Renew Partnership For Even More Rewarding Travel Experiences
- 1 year 1 month 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 year 1 month 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.
