December 1, 2023
Via: Payments DiveAs tech giant Apple winds down its partnership with investment bank Goldman Sachs, it will need to find a new card issuer to back its credit card. And given the size of the business, there’s a small pool of suitors, […]
Activity, Capital and Risk, Credit, Retail Banking
May 8, 2023
Via: Payments DiveThough the mean annual percentage rate for general-purpose credit cards is about 16%, medical credit cards typically charge an APR of 26.99%, according to the report. Consumers can use the medical credit cards and financing plans to cover bills ranging […]
Activity, Channels, Corporate Banking
June 9, 2021
Via: Banking DiveAmerican Express and Synchrony are among the bidders looking to replace JPMorgan Chase as the issuer of Amazon’s co-branded credit card, Bloomberg and Reuters reported Tuesday. JPMorgan could get a 15% premium on top of the balance — which is […]
Capital and Risk, Credit, Retail Banking
June 24, 2019
Via: TheStreetOn the lips of Wall Street analysts, a new expression is taking hold as speculation mounts that the U.S. economy might be slowing down: the “late-cycle” trade. It’s a jargony way of describing a simple concept: Investors can make fast […]
July 11, 2024
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