Loyalty programs reward exclusively returning customers, are much less expensive and therefore make much more sense than the GroupOn-types of deals....
The credit card charge-off rate fell to 4.9% in May; the delinquency rate dropped to an all-time low of 2.47%; the MPR rose to 22.47% -- a record-high....
The income of the average American "underbanked" consumer is $52,000, lower than the $73,000 average for the "banked" consumer, but unexpectedly high....
Facebook is phasing out Credits -- its digital currency -- but will keep charging a 30% payment processing rate, which is unsustainable in the long run....