Banks Pay Colleges $62M for Issuing Credit Cards to Students, BofA Leads the Way
College organizations were paid $62M for the issuance of credit cards to students by 21 issuers in 2011; $44.7M of that was paid by a BofA subsidiary....
Tag: credit card statistics
How the Rise of China’s UnionPay Benefits Western Luxury Brands
While you won't see UnionPay's logo next to Visa's at your local grocery store, you can be sure that the Chinese card brand is accepted at your nearest Gucci....
Prepaid Cards: Short-Lived, Underused and Increasingly Popular
The direct deposit feature is an extremely important factor in determining how long a prepaid card will remain active and how often it will be used....
Holiday Spending 2012: When Actions Diverge from Intentions
Americans say they are intent on reining in spending this holiday season, but they seem to be more concerned with the possibility of missing out on a deal....
Raising Employee Pay in Step with Falling Revenues
Even as revenues are falling, banks are on track to post the biggest cumulative profit since 2007; so they are firing 2.5% of staff and raising pay on the rest....