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Credit Card News


  • Capital One's U.S. Card Chargeoffs Fall

    Collections & Credit Risk | May 15, 2013

    Chargeoffs at Capital One Financial Corp.'s U.S. card business fell to 4.61% in April from 4.69% in March, according to a Securities and Exchange Commission (SEC) filing.

  • American Express CFO to Retire This Year

    Collections & Credit Risk | May 8, 2013

    American Express Co. said Chief Financial Officer Daniel T. Henry is retiring later this year.

  • Data Exposed in LivingSocial Breach Could Fuel Further Attacks

    Collections & Credit Risk | May 2, 2013

    E-commerce company LivingSocial revealed last week it endured a breach in which attackers accessed its users' encrypted passwords. And while no payment data was exposed, cardholders should still be concerned.

  • Amex, Cap One Results Show Consumers Still Wary of Card Debt

    Collections & Credit Risk | April 19, 2013

    U.S. consumers have yet to regain their appetite for revolving debt, a trend that's leaving credit card issuers hungry for profits.

  • Increased Spending Lifts Amex Earnings

    Collections & Credit Risk | April 18, 2013

    American Express Co. posted a first-quarter profit that exceeded analysts’ estimates as consumers increased their spending on its cards.

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