Why Americans Slash Credit Card Debt, Even as Overall Indebtedness Rises
Americans are using their credit cards more freely than at any time since the financial crisis struck, but they are also repaying them much faster....
Category: Credit Card Processing Blog
Americans Look for, Get More New Credit Cards
The number of open credit card accounts rose in 2011 Q4, but is still 22% below its 2008 Q2 peak and balances are 19.1% below their 2008 Q4 high....
Square Register and the Issue with Credit Card Processing Rates
Square is targeting bigger merchants with its new Register app, but to make its offering appealing the company will have to adjust its pricing model....
The Cost of Regulation: Free Checking Gone, Bank Fees Up
The Durbin Amendment and other regulation have caused banking fees to rise by 26% in the past decade, free checking accounts are largely gone....
How Banks Are Recouping Lost Debit Card Fee Revenue
The big banks are making progress toward recouping the huge revenue losses that resulted from the enactment of the CARD Act and the Durbin Amendment....