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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
RBL Bank: Credit card revenues to be stable in FY21; cards growth to dip
As a prudential measure, the bank locks up the ability to use the cards for newer spends in cases o…
PTI
Netflix's explanation for poor growth is just smoke and mirrors, according to credit card experts
David Robertson, the head of card research at Nilson Report, agrees. "It seems like they are graspi…
Nathan McAlone
₹10,000 invested in SBI Cards during IPO is worth about ₹6,700 now— here’s why
The over 15% fall in SBI Cards and Payments Services share price on Monday (April 13) has tak…
Netflix just blamed poor US subscriber growth on those new chips in credit cards
Netflix gained 880,000 US subscribers during the third quarter, lower than expected by analysts. Wa…
Nathan McAlone
Issuing banks need to boost rewards to better their credit card spend
Because 79% of customers cite rewards as the top reason they choose one card over another, providin…
Daniel Keyes
America's $1 trillion credit card bill really isn't as bad as it seems
US consumers have accumulated $1 trillion of credit card debt. That sounds like a lot, but it's not…
Jennifer Sor
Americans hold more credit-card debt than ever
"We simply can't keep taking on credit card debt forever without it causing major problems," said M…
Akin Oyedele
Americans have more credit-card debt than ever, and millennials are really struggling to pay theirs off
Serious credit-card delinquency rates, defined as payments made at least 90 days past the due date,…
Hillary Hoffower
In a stark reversal, Citi's revved-up credit-card business helped it beat earnings - and it may be pivotal in proving Wall Street doubters wrong
"We have seen continued momentum in the consumer franchise, particularly in branded cards, as we've…
Alex Morrell
THE BEACONS REPORT: Growth Forecasts For The Most Important Retail Technology Since The Mobile Credit Card Reader
In a recent report, BI Intelligence finds that these small devices are the fastest-growing in-store…
Cooper Smith
THE BEACONS REPORT: Growth Forecasts For The Most Important Retail Technology Since The Mobile Credit Card Reader
The Beacons Market Forecast is part of new research from BI Intelligence. The market forecast is pa…
Cooper Smith
Individual borrowers may find it hard to repay loans on time amid coronavirus outbreak: Assocham
''As we deep-dived into the data, the areas of concern appear to be housing, credit cards, vehicle…