Andrew Jeffrey, SunTrust Robinson Humphrey, and Moshe Orenbuch, Credit Suisse, discuss buying into credit card stocks as companies innovate their payment systems.
Jan 17- Wells Fargo& Co said on Wednesday Chief Risk Officer Mike Loughlin will retire, and a successor will be appointed in the next few months. In September 2016, Wells Fargo reached a $190 million settlement with regulators for its employees creating phony bank and credit card accounts in customers' names without their permission. The San Francisco- based...
"We will only process fiat currency-based transactions," said Visa CEO Alfred Kelly.
WELLS FARGO EXPECTS TO GROW MORTGAGE LOANS AND CREDIT CARDS IN 2018, HOME EQUITY WILL CONTINUE TO DECLINE- CEO.
One in 5 consumers buy bitcoin with credit haven't paid off the debt, a new survey finds. That can be dangerous.
WASHINGTON— Few people look forward to a trip to the doctor or dentist, especially if they're not sure how they will pay for it. Nearly a third of Americans report trouble paying their medical bills and many have taken on credit card debt to pay the expenses, according to a recent survey by the Kaiser Family Foundation. Patients think they are just setting up an...
In the post-holiday haze, most Americans are struggling to shed pounds and/or debt. Which is worse depends on who you talk to.
WASHINGTON— U.S. consumer borrowing jumped 8.8 percent in November, the most in more than two years, a sign of growing confidence in the economy. The Federal Reserve said Monday that Americans added nearly $28 billion in credit card, student, auto and other debt in November. And a category of debt made up mostly of credit cards jumped $11.2 billion, the most in a year, to...
A WalletHub analyst warns that consumers' credit card debt is marching toward $1 trillion. Here's how to reduce your balances.
Cryptocurrencies still face plenty of challenges.
American Express stock rose Wednesday after Deutsche Bank initiated coverage on the credit company with a buy rating.
Americans racked up an average of $1,054 of debt this holiday season. Here's how to pay that off.
These moves could help you reduce your debts and boost your income.
Stacey Tisdale, CEO of Mind Money Media, shares four steps you should take to clean up your finances in 2018.
Financial setbacks could upset your financial New Year's resolutions. Here's how to avoid getting off track.
These financial moves could reduce your debts and boost your income in 2018.
Don't be a victim: The end of the year is a good time to update all of your passwords.
Many balance-transfer offers come with zero percent interest for a year or longer.
SAN FRANCISCO, Dec 21- The once-hot online lending industry has been battered by scandal and losses since last year, but one of the oldest forms of lending- store credit- is increasingly attracting tech companies aiming to supplant a retailer's credit card. One such lender, San Francisco startup Affirm, is attracting investment and large customers by using a new...
Roughly 4 in 5 Americans are in debt, yet more than a quarter of them don't have a plan to eliminate it.