Tagged: credit cards

September 22, 2026 @ 4:53 am By Michael Wong  |  

The number of credit cards in circulation in Hong Kong rose 36.1% year-on-year to 31.03 million at the end of the second quarter, while the value of credit card transactions increased 6.8%, data from the Hong Kong Monetary Authority (HKMA) showed. Credit card transactions reached… Read More

September 19, 2026 @ 2:38 am By Omar Faridi  |  

Nearly a thousand US retailers and trade groups have asked a federal judge to reject a proposed deal that would resolve a two-decade antitrust fight over Visa (NYSE:V) and Mastercard (NYSE:MA) swipe fees. The Merchant Payments Coalition said 978 businesses and associations filed objections with… Read More

June 20, 2026 @ 7:33 am By Tony Zerucha  |  

A new study of American debt by Spinwheel shows Americans are carrying record levels. The danger increases as they add multiple debt types. Spinwheel analyzed $2.9 billion in consumer debt from more than 20,000 borrowers between November, 2025 and this May. Simply adding one debt… Read More

June 9, 2026 @ 2:27 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has teamed up with fintech firm Cardless to launch useful credit card products. This offering stands out from more traditional credit and lending products by allowing consumers to leverage their holdings in stablecoins, particularly USDC, as collateral or through integrated rewards mechanisms, providing… Read More

June 7, 2026 @ 11:34 am By Tony Zerucha  |  

Marqeta’s 2026 State of Credit Report details a shift towards multi-product behavior by consumers and SMBs, yet many financial institutions still operate under the singular credit card mindset Consumers and SMB owners use various cards, BNPL and credit-building products for different jobs and in different… Read More

June 5, 2026 @ 8:18 am By Omar Faridi  |  

An emerging wave of rather concerning online theft is leveraging one of the Fintech sector’s most widely used platforms in order to conceal and reportedly distribute malicious code designed to harvest sensitive payment details. Security researchers have uncovered a refined Magecart-style campaign that cleverly repurposes… Read More

March 23, 2026 @ 1:36 am By Omar Faridi  |  

In a key development for Pakistan’s outdated financial services sector, the digital banking platform Zindigi has officially rolled out the country’s inaugural fintech credit card. The launch occurred on Thursday, positioning Zindigi as a trailblazer in bridging traditional banking gaps through technology-driven solutions. Users can… Read More

March 8, 2026 @ 4:09 pm By Omar Faridi  |  

Robinhood Markets (NASDAQ: HOOD) is making waves in the luxury credit card space by launching its new Platinum Card, which is described as being a high-end product with a $695 annual fee and a physical card plated in 99.9% pure platinum. This offering directly positions… Read More

March 1, 2026 @ 7:58 am By Tony Zerucha  |  

LoanPro, a credit platform, and NXTMOVES, a credit card program management platform with issuing capabilities and embedded transaction-level controls, this week announced a strategic partnership integrating credit servicing, issuing infrastructure, and program management to power compliant, scalable credit card programs. As American consumers continue to… Read More

February 19, 2026 @ 3:46 pm By Tony Zerucha  |  

This week, Zūm Rails announced that it will enable companies to embed credit card acceptance directly into its all-in-one payment ecosystems, creating custom checkout experiences for customers across the US and Canada. This final piece of Zūm Rails’ payments ecosystem was contingent upon it becoming… Read More

January 15, 2026 @ 10:24 am By Omar Faridi  |  

In a move to bridge cryptocurrency with everyday finance, Lemon, a digital wallet serving more than 5.5 million customers across the region, has unveiled Argentina’s inaugural credit card secured by Bitcoin. This product allows users to secure peso-based loans without relying on traditional banking systems… Read More

January 15, 2026 @ 8:29 am By Omar Faridi  |  

Bilt Rewards has unveiled an expansion to its popular rewards program with the launch of Bilt Card 2.0, introducing three new credit cards that now allow users to earn points on mortgage payments for the first time. Announced recently, this update builds on the company’s… Read More

January 13, 2026 @ 9:57 am By JD Alois  |  

President Donald Trump roiled the financial services sector this past week with his declaration that credit card interest rates would be capped at 10%. Of course, this would probably take an act of Congress and is unlikely, but the statement highlighted Trump’s lack of understanding… Read More

January 7, 2026 @ 4:12 pm By JD Alois  |  

Rumors about Goldman Sachs (NYSE:GS) exiting its support for the Apple Card have been circulating for quite some time. The Apple Card played a significant role in Goldman’s failed expansion into consumer Fintech. While the thesis that Goldman’s vast expertise in global markets would play… Read More

December 28, 2025 @ 9:42 pm By Omar Faridi  |  

Thailand’s aggregate card payments market is now being projected to grow by 2.7% in 2025 to reach THB2.3 trillion (appr. $65.4 billion), supported by the ongoing expansion of digital payment acceptance infrastructure, government-led financial inclusion initiatives, and the growing adoption of contactless payments, according to… Read More

August 27, 2025 @ 1:07 am By Omar Faridi  |  

Digital assets firm Gemini announced a series of updates that signal its growing influence in the global crypto market. On August 25, 2025, the company launched the XRP Edition of its Gemini Credit Card in partnership with Ripple, expanded the availability of Ripple’s USD-backed stablecoin… Read More

August 15, 2025 @ 2:28 pm By Omar Faridi  |  

TransUnion’s Q2 2025 Credit Industry Insights Report (CIIR) reveals a U.S. consumer credit market demonstrating resilience and disciplined behavior amid a complex economic landscape. Released on August 14, 2025, the research report highlights steady credit usage, controlled balance growth, and declining delinquency rates across key… Read More

June 10, 2025 @ 9:32 pm By Omar Faridi  |  

OnePay, a consumer fintech, and Synchrony (NYSE: SYF), a  consumer financial services company, announced a partnership to power a credit card program with Walmart (NYSE: WMT). The credit card program is expected to launch this fall, “with the experience embedded inside the OnePay app and… Read More

May 16, 2025 @ 2:33 pm By Tony Zerucha  |  

A new consumer credit behavior study released by i2c breaks down generational activity while providing direction for service providers. The study asked the following questions: How many cards do consumers have, and how much of their primary card’s credit are they using? What do consumers… Read More

May 2, 2025 @ 12:06 pm By Omar Faridi  |  

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More