Most Americans Belong to a Credit Card Rewards Programs, Redeem for Cash
More than half of American consumers belong to either credit or debit card loyalty programs, and cash is by far the preferred type of reward....
On Credit Card Processing and Money Laundering Rules in the Vatican
The Bank of Italy has suspended credit and debit card payments in the Vatican, because the Papal State doesn't comply with international money laundering rules....
When Telecoms Do Your Banking, but Don’t Want to Become Banks
Big non-bank providers of mobile payments are faced with a difficult dilemma: to become banks or not; one of them has been thinking about it for fifteen years....
Russia’s Consumer Lending Explosion
While the current size of the Russian consumer lending market is still relatively small, the growth rate is nevertheless mouthwatering and accelerating....
If the Chinese Used Credit Cards as Americans Do…
Chinese credit card use is still low by US standards but growing fast. Between 2002 and 2010, credit purchase volume in China rose by a factor of 156....