U.S. Credit Card Defaults Fall to Lowest Level in 4 Years
The U.S. charge-off rate fell to 4.98% in January, the lowest level since November 2007; the credit card delinquency rate rose slightly to 2.93%....
Author: UniBul
Facebook Partners with Carriers, Moves toward Closed-Loop Payments Platform
Developing its own direct billing system, Facebook is moving toward a closed-loop payments platform in which there is no room for outsiders like BOKU....
A Non-News from Isis Tells Us why Google Leads the Digital Wallet Field
Mobile wallet start-up Isis has announced a partnership with three card issuers, while it should be building relationships with its future users....
Cab Drivers vs. Credit Cards, Data Security Concern Edition
Cabbies don't like credit cards and will employ ingenious tricks to dissuade you from using them, as a story in Dallas demonstrates....
What Every Merchant Needs to Know about Exception Items
Exceptions are alternative processes for recovering credit card transaction funds that are handled outside of the chargeback processing cycle....