The huge increase in payment card usage in China boosted consumption by 4.89% for the 2008-2012 period, adding $375B to GDP and increasing growth by 1.7%....
Debit fraud losses reported in 2011 were shared primarily between the card issuers and the merchants, with 60% borne by the issuers and 38% - by the merchants....
Many applicants for high-risk merchant accounts attempt to falsify information about their businesses to improve their approval chances; but they don't have to....
Though nearly all American families believe that college is an investment in their child's future, only 50% do it, down from 60% just two years ago....
U.S. credit card charge-offs fell to 3.91% during 2013 Q3; the 60-day delinquency rate dropped to 1.63%; the monthly payment rate (MPR) rose to 23.42%....