If you were a mortgage lender, how comfortable would you feel extending hundreds of thousands in credit to someone who can't trust himself with managing debt?...
China UnionPay now has more payment cards in circulation than any of its rivals and is on its way to surpass Visa as the biggest card processor by volume....
U.S. credit card charge-offs fell to 3.88% in February; the delinquency rate rose to 1.61%; the monthly payment rate fell to 24.83%. All of these are records....
PayPal is busy establishing its mobile payments service in markets from which Square is absent, even as it is giving Square a run for its money in the U.S....
Though Visa and its rivals have been investing heavily in their fraud-prevention systems, their efforts are yet to produce measurable results in the U.S....