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Concerns profitability has peaked following a strong 2022 are not baseless, but even so credit cards remain a lucrative business
US shoppers continue to use their cards, but there are investor concerns over credit quality and higher funding costs
Provision by credit card group takes gloss off better than forecast quarterly results
The US credit card giant says increasing loan-loss reserves is simply a case of prudent accounting
The annual fee is rising by more than 50 per cent
People still want to hang out together at conferences, but is there a better way to do things?
Spending among big companies inches closer to pre-pandemic level as Covid-19 fears recede
Customers unable to use card company’s website, mobile apps and 2-step verification system
Card company gains confidence to issue first long-term revenue forecast since Covid-19 hit
Investors who have been piling in should curb their own enthusiasm
Many products outlive their usefulness, but it is strangely difficult for companies to let them go
What’s a $45,000 credit card bill between suitors?
A projected addressable market worth of $1.4tn overall may be a stretch
Credit card company’s revenue rises after five consecutive quarters of declines
Companies move to cushion blow from fall in corporate demand
Credit card issuer misses analyst revenue forecasts as spending remains depressed
Needless to say, it’s been a mad year in the realm of alternative investments
SoftBank-backed small business loan platform made strategic U-turn as pandemic hit
Credit card issuer sets aside $628m for credit losses as it counts pandemic costs
What was billed as a 10-year deal that would be an enduring investment is now in the courts
Private equity firm now wants to walk away from investment in corporate travel business
Credit card giant sets aside $1.7bn to cover losses and warns more will be needed
Fears over coronavirus effects have battered share prices, especially for card lenders
Discover and Synchrony also hit by impact of new accounting rule
For those who are fierce, fearless and, um, freedom.
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