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    1. NEW

      3:16PM

      Financial watchdog warns on long-term credit card debt

      The UK’s financial watchdog has attacked credit card providers for squeezing long-term profits from consumers who make...

    2. June 29, 2016

      How credit card borrowing has climbed since the financial crisis

      What does the chart show? In a nutshell, it gives an indication of how borrowing on credit cards — introduced in the UK...

    1. June 14, 2016

      US credit card stocks hit by warning on loan repayments

      Synchrony Financial sent a shiver through US credit card stocks on Tuesday by warning that some consumers were...

    2. May 27, 2016

      Lloyds Banking Group eyes return to dealmaking with MBNA bid

      Lloyds Banking Group is hoping to make its first acquisition since the UK lender was rescued by the taxpayer in 2009,...

    3. May 20, 2016

      Urban China leapfrogs credit cards on route to cashless society

      When diners ask for the bill in an urban Chinese restaurant, they are more likely to reach for their mobile phones than...

    4. May 15, 2016

      UK lenders set to lose at least £1.45bn in payments revenue

      British banks could lose at least £1.45bn in payments revenue within the next few years as retailers develop...

    5. April 29, 2016

      US banks whistling a happy tune on credit cards — for now

      In an era of mobile payments and point-of-sale loan apps, the round-cornered credit card can seem like a throwback. Yet...

    6. March 24, 2016

      Rest your plastic and let your iPhone pay your shopping bill

      Garry Lyons is wearing his wallet on his finger. Giving a presentation at his office on the outskirts of Dublin, the...

    7. February 22, 2016

      MasterCard to introduce ‘selfie pay’ to UK

      MasterCard will bring facial recognition payment services dubbed “selfie pay” to the UK as part of a range of new...

    8. January 20, 2016

      Provident Financial chases rewards where big banks fear to tread

      Provident Financial is rare among UK lenders: it had a good financial crisis. But analysts are starting to ask whether...

    9. December 11, 2015

      Cash on the wane in UK as plastic powers ahead

      The decline of cash in the UK is underlined in a new report on card use, which shows that previously plastic-free...

    10. November 3, 2015

      FCA sounds alarm at rising credit card debt

      The City watchdog has sounded the alarm about millions of people falling into problematic levels of credit card debt,...

    11. November 2, 2015

      Visa to buy back former European arm for up to €21bn

      Visa has agreed to acquire its former European subsidiary for up to €21.2bn in a deal that will generate large...

    12. October 16, 2015

      Visa deal set to deliver windfall for European banks

      Visa Inc, the US payments company, is closing in on a deal to acquire its former European subsidiary for $20bn as early...

    13. August 28, 2015

      ‘Death of cash’ predicted within a decade

      Nearly two in five people believe they will no longer need to use cash in ten years as card and smartphone technology...

    14. August 17, 2015

      EU plans easier terms for bundled loans

      The EU’s top financial services official is set to propose a substantial reduction in capital charges for the...

    15. July 27, 2015

      Rules proposed to tackle ‘unfair’ credit and debit card fees

      The government is planning to tackle “unfair” credit and debit card fees charged by British banks, in a move that could...

    16. July 17, 2015

      Apple seen as leading the field in phone payments race

      The barista at the well-known coffee shop chain looked blankly at the phone being brandished in front of the till to...

    17. July 9, 2015

      MasterCard faces EU antitrust charges over fees

      MasterCard faces formal antitrust charges in Brussels after the European Commission accused the payments company of...

    18. June 30, 2015

      Banks return to riskier lending on mortgages and credit cards

      Interest-only mortgages are staging a comeback and zero per cent credit card deals are getting more competitive as...

    19. June 26, 2015

      Which 0% credit card deal should I get?

      I bought some furniture this year and now have a couple of thousand pounds sitting on my NatWest credit card charging...

    20. June 9, 2015

      Never mind the balance . . . here’s the new Virgin credit card

      Virgin Money has launched a range of Sex Pistols-themed credit cards, in a publicity stunt designed to put two fingers...

    21. May 12, 2015

      SEC lays fraud charges against ITT Educational Services

      ITT Educational Services and its executives engaged in a “campaign of deception” by hiding from investors the poor...

    22. May 7, 2015

      Debt hangover ruins the American dream

      A decade ago, American consumers seemed the most debt-addicted people on the planet. Since 2008, however, something...

    23. April 22, 2015

      UK consumer credit demand soars

      Consumer demand for credit cards has soared as payday lenders retreat from the market, but concern is mounting that...

    24. April 20, 2015

      TransUnion strikes deal with Global Debt Registry

      A debt-tracking registry has signed a deal with TransUnion, one of the biggest US credit bureaux, aiming to stamp out...

    25. March 25, 2015

      FCA proposes ban on selling of opt-out insurance add-ons

      Insurance products that customers default into buying will be banned under plans put forward by the UK’s financial...

    26. March 13, 2015

      EU votes for credit card fee cap

      The European Parliament has voted overwhelmingly to cap the “interchange fees” that credit card providers collect from...

    27. March 12, 2015

      Police want all credit card frauds classified as crime

      It is a “travesty” that millions of credit card frauds are omitted from official crime statistics each year due to a...

    28. February 17, 2015

      US student and car loan delinquency rates rise

      More Americans had difficulties staying up to date with student and auto loan payments in the final quarter of last...

    29. December 18, 2014

      EU caps debit and credit card transaction fees

      Fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a...

    30. October 5, 2014

      Riskiest ‘slice and dice’ loan sales hit post-crisis high

      Banks are taking advantage of yield-hungry investors to multiply sales of the riskiest portions of “sliced and diced”...

    31. September 9, 2014

      Apple looks to swipe the payments market

      Apple has taken aim at the credit card’s five decades-old magnetic strip, promising to overhaul an “antiquated” US...

    32. June 19, 2014

      Credit card companies report higher lending levels

      Three of the largest US credit card issuers have reported higher levels of lending – prompting analysts to suggest the...

    33. June 12, 2014

      EU law set to improve UK consumer protection

      Consumer protection will be enhanced on Friday in response to the rise of internet shopping when a law to improve...

    34. April 3, 2014

      FCA orders probe into credit card market

      Credit card companies’ treatment of those in financial difficulty will come into focus after the regulator announced a...

    35. March 13, 2014

      GE retail finance unit details challenges

      General Electric has filed with US regulators for the planned spin-off of its North American retail finance business,...

    36. March 12, 2014

      Alibaba and Tencent extend duel to credit cards

      Alibaba and Tencent, China’s two largest internet conglomerates, are pushing further into the country’s financial...

    37. February 28, 2014

      Cash remains king in Japan

      When it comes to the ways in which people pay for stuff, perhaps no country is as simultaneously futuristic and...

    38. October 16, 2013

      GE Capital to float 60% stake in Swiss consumer credit operation

      GE Capital, the financial arm of General Electric, is to float a 60 per cent stake in its Swiss consumer credit...

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