Credit Card Defaults, Delinquencies May Be down, but Interest Rates Are Up
Credit card interest rates are high and rising, even as delinquency and default rates are at record lows and falling....
Category: Credit Card Processing Blog
U.S. Credit Card Debt up by Most since before Recession
The latest Federal Reserve data show that U.S. consumer credit card debt has risen by the biggest amount since before the Great Recession started....
Magnetic Stripes, EMV Chips and Credit Card Fraud
Over time, countries that adopt the EMV (chip-and-PIN) payment card technology invariably experience lower losses from domestic credit card fraud....
Liquidity, Savings Rate and Student Loans
Since 2008, the share of American families having $50,000 or more in liquid assets has increased. No other group has shown an improvement....
Retailers Pay Higher Fees for PIN Debit Transactions
Retailers are paying higher fees for accepting PIN debit transactions, but their overall interchange burden has decreased significantly....