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Thomson Reuters: Retail sales soared in January despite weaker consumer sentiment
Retail sales appear to have climbed in January, as a survey of the top 20 retailers in the U.S. by Thomson Reuters shows sales climbed by a net 4.2 percent on the month.
Full ArticleRelated News - Credit Card Processing
Equifax: Delinquency rates tumble across the board in December
Delinquency rates on credit card dues, car loans, mortgages and other forms of credit plummeted in December, reflecting a general uptick in consumer sentiment.
Full ArticleCredit card use climbed in December on strong holiday season
Cash, debit and credit card processing continued to grow in December, both in terms of transactions and dollar volume, according to the most recent SpendTrend report from First Data Corporation.
Full ArticleDespite smaller debt loads, consumers less financially secure than a year ago
Consumers continue to pay off their debts, as financial security continues to improve amid otherwise hopeful outlooks for the U.S. economy in 2012.
Full ArticleAccounts with high debt balances shouldn't necessarily be first to be paid off
People tend to make poor decisions when it comes to credit card processing and paying off debt.
Full ArticleCredit Card Processing News Archive
Feberary 2012
January 2012
- 31/01/2012 - Equifax: Delinquency rates tumble across the board in December
- 24/01/2012 - Credit card use climbed in December on strong holiday season
- 24/01/2012 - Despite smaller debt loads, consumers less financially secure than a year ago
- 23/01/2012 - Accounts with high debt balances shouldn't necessarily be first to be paid off
- 16/01/2012 - NRF projects retail growth to proceed at slower pace in 2012
- 05/01/2012 - ABA: Credit card delinquency rates climbed in the third quarter
December 2011
- 30/12/2011 - Drinking while shopping: A dangerous holiday mix?
- 29/12/2011 - Consumer spending up 4.1 percent this holiday season
- 23/12/2011 - November consumer spending tepid ahead of last-minute holiday shopping
- 21/12/2011 - U.S. adults optimistic about 2012 finances, plan to reduce debt
- 20/12/2011 - Visa: More than three-quarters of consumers still have holiday shopping to do
- 14/12/2011 - All 50 states see drop in credit card debt in November
- 13/12/2011 - Merchants should expect a wave of last-minute holiday shoppers
- 12/12/2011 - CFPB toys with template for plain English credit card agreements
- 06/12/2011 - Mobile payment processing offers many ways to build trust
- 02/12/2011 - Credit unions enter the credit card processing game
- 02/12/2011 - More shoppers are using credit cards this holiday season
- 01/12/2011 - Wells Fargo could invest in private label credit cards
- 01/12/2011 - Wells Fargo could invest in private label credit cards
November 2011
- 30/11/2011 - In first steps, CFPB addresses consumer credit card complaints
- 30/11/2011 - How did banks' reversal of debit fees affect consumer sentiment?
- 29/11/2011 - Will tight shopping budgets drive consumers to use cash and debit?
- 28/11/2011 - Regulations, market conditions to drive credit card use in coming years
- 28/11/2011 - New York Fed: Credit card delinquencies at 16-year low
- 25/11/2011 - Consumer spending, sentiment rose in October
- 23/11/2011 - Tips for credit card financing this holiday season
- 22/11/2011 - Credit card processing makes city parking more convenient
- 15/11/2011 - Credit card delinquency rate climbs for first time since 2009
- 08/11/2011 - Mobile payments on the rise
- 02/11/2011 - The future of EMV-enabled credit and debit cards
- 02/11/2011 - Top banks reconsidering new debit, checking fees
October 2011
- 28/10/2011 - Survey: Consumers may move to debit, cash this holiday season
- 27/10/2011 - Neiman Marcus to accept Visa and MasterCard payments nationwide
- 25/10/2011 - How to channel credit toward a savvier holiday shopping season
- 24/10/2011 - Cash expected to remain popular in coming years
- 17/10/2011 - Small businesses offered new credit card option
- 14/10/2011 - Translating credit card offers
- 14/10/2011 - Small businesses benefit from credit card processing
- 13/10/2011 - Consumers increasingly redeem credit card rewards for cash
- 13/10/2011 - American Express urges partnerships in mobile payments market
- 11/10/2011 - Dissecting the details of mobile payments
- 10/10/2011 - Steve Jobs' legacy in the credit card processing industry
- 10/10/2011 - City mulls credit card processing for residents
- 07/10/2011 - Open-loop credit cards increasing in popularity
- 04/10/2011 - Mobile payments are all about convenience
September 2011
- 30/09/2011 - Credit card processing overseas a challenge for US tourists
- 30/09/2011 - Visa launches mobile P2P payments
- 30/09/2011 - Debit card fee sparks outrage among Bank of America customers
- 28/09/2011 - American Express expands overseas
- 28/09/2011 - Study: Many firms not complying with PCI standards
- 27/09/2011 - Consumer FICO scores polarized during the recession
- 26/09/2011 - Discover card usage up during third quarter of 2011
- 26/09/2011 - Automated gate system in Kentucky accepts Visa, lowers theft risk
- 26/09/2011 - Why consumers still prefer credit cards over mobile payments
- 26/09/2011 - Credit card delinquencies fall as uncertainty remains
- 23/09/2011 - How being able to accept credit cards can improve retailers' holiday revenue
- 21/09/2011 - Credit card defaults down, but what does it mean?
- 21/09/2011 - Citi offered more credit cards in second quarter than population of US
- 20/09/2011 - Long Island Rail Road pilots credit card payment processing initiative
- 16/09/2011 - Chicago cuts back on municipal credit card use
- 15/09/2011 - Consumer credit card defaults continue to slide
- 13/09/2011 - Magnetic stripes tough to replace with superior 'smart' cards
- 12/09/2011 - Despite hurricane, consumer credit card use jumped in August
- 09/09/2011 - Fitch: Delinquency rates down to six-year low
- 09/09/2011 - Recession may have racked Gen-Y's financial confidence
- 02/09/2011 - August payment processing volumes not damaged by Hurricane Irene
August 2011
- 31/08/2011 - When is credit preferable to debit?
- 30/08/2011 - Americans saving and lowering debt to the detriment of markets
- 26/08/2011 - How consumers can avoid looming debit card fees
- 24/08/2011 - Tips for monitoring travel spending
- 18/08/2011 - Study shows Canadian students are responsible with credit cards
- 12/08/2011 - Tips for bringing a credit card abroad
- 11/08/2011 - CFA: Banks still collecting sizable overdraft fees on debit purchases
- 08/08/2011 - US credit downgrade may mean higher consumer interest rates
- 02/08/2011 - Is NFC adoption slowing down?
July 2011
- 26/07/2011 - Treasury Department printing fewer bills based on heavier use of credit cards
- 22/07/2011 - Americans reducing debt but relying on credit for basis necessities
- 18/07/2011 - Credit card use among college students declined in 2010
- 18/07/2011 - American consumers paying off credit card debts
- 14/07/2011 - Small businesses facing slower payment
June 2011
- 29/06/2011 - Minnesota county to accept credit cards
May 2011
- 25/05/2011 - Credit card industry profits rose in 2010, but future challenges loom
- 24/05/2011 - Australian firm to implement Visa's payWave
- 19/05/2011 - Chase says delinquencies fall to lowest rate since 2007
- 19/05/2011 - Montana Senator Jon Tester seeks to delay 'swipe fee' rule
- 12/05/2011 - More people borrowed, used credit cards in March
- 12/05/2011 - McDonald's in the UK to accept contactless payment by 2012
- 11/05/2011 - Study: credit card interest rates remain unchanged since CARD Act passage
- 10/05/2011 - Domino's in India will now accept credit cards
April 2011
- 29/04/2011 - Illinois city says it will accept credit cards for payments
- 29/04/2011 - Hofstra changes payment processing system
- 29/04/2011 - MasterCard announces fee increase
- 29/04/2011 - Credit card customers may be entitled to insurance if items gets damaged
- 28/04/2011 - Tourists from the U.S. run into trouble when using credit cards overseas
- 28/04/2011 - Criminal group arrested for skimming credit card information
- 27/04/2011 - Number of delinquent credit card payments falls in March
- 27/04/2011 - Fed chief says retailers must wait for swipe fee limit implementation
- 26/04/2011 - Travelers can take advantage of credit card programs
- 26/04/2011 - City installs new, credit card-friendly parking meters
- 26/04/2011 - Online gamblers indicted for poker-related payment processing crimes
- 25/04/2011 - MasterCard purchases prepaid card branch of British firm
- 21/04/2011 - Parking meters will accept credit cards
- 19/04/2011 - Payment processing industry to meet in California for security conference
- 19/04/2011 - Credit card processing firms see increase in profits
- 13/04/2011 - Some Religious institutions now accepting credit cards for donations
- 12/04/2011 - Missouri State University no longer waiving payment processing fees
- 07/04/2011 - Survey reveals lack of awareness on IRS payment processing fees
- 05/04/2011 - Many merchants overlooking PCI compliance requirements
March 2011
- 30/03/2011 - Travel convention will feature payment processing presentation
- 23/03/2011 - New product aims to help companies comply with Canadian payment processing standards
- 22/03/2011 - Merchant e-Solutions' payment processing attracts two firms
- 18/03/2011 - Mastercard contributes to Japan relief effort by waiving interchange fees
- 14/03/2011 - Benefits of accepting credit cards
- 09/03/2011 - Developing payment technology landscape
- 08/03/2011 - Has the end of the road arrived for magnetic stripe cards?
- 07/03/2011 - Retirement community upgrades its gift card service
Feberary 2011
- 28/02/2011 - Alliance Data partners with fashion retailer to launch private label credit card
- 25/02/2011 - Reloadable card networks
- 08/02/2011 - TD Bank rewards customers for good credit management with its Payment Plus Credit Card
- 04/02/2011 - Visa reports strong Q1
- 03/02/2011 - Fitch Ratings' Credit Card ABS Index indicates strong improvements
- 01/02/2011 - Visa launches NFC trial in Europe
January 2011
- 31/01/2011 - Mobile-to-mobile transfers low in the U.S.
- 27/01/2011 - Visa to sell minority stake in CBSS
- 27/01/2011 - Companies test the mobile payment processing market
- 27/01/2011 - MasterCard will stop payments on sites pirating software
- 25/01/2011 - New iPhone moves users toward walletless world
- 20/01/2011 - Kohl's partners with First Data
- 19/01/2011 - Taxis may have to update credit card services
- 17/01/2011 - Tax returns to come on prepaid debit cards
- 14/01/2011 - Credit card payments easier for customers
- 14/01/2011 - How credit card processing works
- 07/01/2011 - Square enters the mobile payments market
- 05/01/2011 - MasterCard suffers second attack on payment processing system
- 04/01/2011 - U.S. Fed proposes capping swipe fees for small businesses
- 03/01/2011 - Wireless credit card transactions let stores run free
December 2010
- 28/12/2010 - 2011 credit card industry predictions
- 27/12/2010 - New social networking sites emerge in online donation sector
- 23/12/2010 - Visa set to benefit from growing mobile payment processing
- 20/12/2010 - NBPCA voices concerns over Fed's proposed interchange fee rule
- 17/12/2010 - Federal Reserve seeks comment on proposed debit card interchange fee rule
- 14/12/2010 - Green Monday marks heightened ecommerce
- 09/12/2010 - Proposed debit card fee regulation expected to be released next week
- 08/12/2010 - Electronic technology lead most used forms of noncash payments
- 06/12/2010 - Tim Hortons can now accept debit cards
- 01/12/2010 - Payroll debit cards offered by an increasing number of employers
November 2010
- 29/11/2010 - Ecommerce increases during Black Friday
- 22/11/2010 - Prepaid card market continues to develop
- 19/11/2010 - Chase tracks holiday online shopping trends
- 17/11/2010 - Blackboard's campus clients gain access to PE Systems cost saving solutions
- 15/11/2010 - Facebook virtual currency capable of further expansion
- 02/11/2010 - Paymetric and MBS bring tokenization to college bookstores
October 2010
- 29/10/2010 - Dataworks integrates payment archive with payment processing platform
- 28/10/2010 - PCI SSC releases version 2.0 of PCI DSS and PA-DSS
- 27/10/2010 - Unemployment payments transition from checks to debit cards
- 25/10/2010 - Visa wins IBM Innovation Award
- 21/10/2010 - Mall installs gift card vending machine
- 19/10/2010 - Consumers with bad credit now have prepaid cable option
- 18/10/2010 - CIBC launches the first Visa debit card in Canada
- 15/10/2010 - Cities beginning to install credit card parking meters
- 11/10/2010 - Dynamics' new payment technology named best in show at Finovate
- 08/10/2010 - U.S. Bank and AmEx encourage charitable donations by offering cardholders increased reward points
- 07/10/2010 - EMV and P2PE do not provide full security unless paired with PCI DSS, Security Council warns
- 05/10/2010 - First Data processing error leads to duplicate transactions
September 2010
- 27/09/2010 - Open-loop card use propels prepaid card adoption
- 23/09/2010 - Credit cards restricted to existing customers increases 462 percent
- 22/09/2010 - MasterCard introduces 'In Control' program to help consumers budget
- 21/09/2010 - Majority of consumers did not pay an overdraft fee in the past 12 months, survey says
- 17/09/2010 - Fewer consumers experience credit card fee and rate increases
- 16/09/2010 - Prepaid debit and payroll card market set to quadruple by 2014
- 10/09/2010 - Federal Reserve mulls debit card regulations
- 07/09/2010 - Travelers will now have to pay to enter the U.S.
- 03/09/2010 - CIBC acquires Citigroup's MasterCard business
August 2010
- 23/08/2010 - Credit card rates hit highest level in nine years
- 19/08/2010 - Satisfaction with credit card companies rebounds
- 17/08/2010 - New credit regulations hope to educate cardholders and prevent abuses
- 10/08/2010 - Banks expanding debit card operations
- 05/08/2010 - California seeking to ban debit card fees
- 03/08/2010 - MasterCard appoints new chief officers
- 03/08/2010 - Growth in processed transactions stalls for MasterCard
- 02/08/2010 - As income rises, so will spending
July 2010
- 30/07/2010 - Interchange fees still being negotiated
- 22/07/2010 - Consumers and merchants plan protest to Durbin Amendment
- 20/07/2010 - MasterCard announces new global executive
- 13/07/2010 - Market for branded prepaid cards expected to quadruple
- 02/07/2010 - New Visa card allows consumers to earn miles while they spend
June 2010
- 29/06/2010 - Daily debit card use is popular across America
- 28/06/2010 - PayPal to accept credit cards without requiring registration
- 25/06/2010 - Bank customers choose whether or not to pay overdraft fees
- 24/06/2010 - Hip-hop magnate Russell Simmons wins argument over Durbin amendment
- 24/06/2010 - New report suggests retailers turn to merchant services
- 23/06/2010 - Changes to Durbin bill will benefit payment networks
- 16/06/2010 - RBC survey: Canadians prefer cash back credit card rewards
- 14/06/2010 - American card holders may have trouble with technology abroad
- 01/06/2010 - Australian retail sales show increase during April
May 2010
- 28/05/2010 - Retail sales during May fall in the UK
- 21/05/2010 - Expert: Canada doesn't need to resort to U.S. methods with card rules
- 18/05/2010 - Bank of Canada could raise interest rates soon
- 11/05/2010 - Discount store chains see rise and fall during April
- 07/05/2010 - Bill passes in Vermont to allow merchants to install minimums for credit card purchases
- 03/05/2010 - New card conduct policies handed down by Canadian government
April 2010
- 30/04/2010 - U.S. House meets to discuss regulation of card interchange fees
- 29/04/2010 - Visa net income declines slightly in second quarter
- 29/04/2010 - Visa raises swipe fees in America, lowers them in Europe
- 28/04/2010 - Study finds three major trends of thought with updates to PCI DSS
- 27/04/2010 - PPISC calls for standardization, lower payment costs
- 16/04/2010 - Flaherty unveils final payment processing code of conduct
- 09/04/2010 - Store-branded credit cards can be smart move for retailers
March 2010
- 30/03/2010 - Alberta considering providing ID cards to homeless, enabling them to get bank accounts
- 25/03/2010 - Co-branded, prepaid to take Canadian payment processing industry by storm
- 23/03/2010 - Credit card companies cutting co-branded offerings
- 18/03/2010 - Head of Visa Canada expresses concern for fairness of payment processing code of conduct
- 17/03/2010 - January's wholesale sales increase strongest in three years
- 15/03/2010 - Credit card companies ramping up rewards programs
- 12/03/2010 - School district to pay for activities with credit card rewards
- 11/03/2010 - Mobile banking poised to take off in Canada
- 08/03/2010 - 2010 budget proposals include debit and credit card processing regulation measures
Feberary 2010
- 26/02/2010 - Credit card processing appeals to consumers' psychological tendencies
- 24/02/2010 - Hyatt, Visa and Chase form alliance, release Visa-branded rewards card
- 23/02/2010 - American Express Canada and Costco partner to offer rewards credit card
- 16/02/2010 - Olympic Games cause surge in Visa payment processing activity in British Columbia
- 15/02/2010 - Visa's Olympic sponsorship by the numbers
- 11/02/2010 - Report: Banks to increase card rewards programs, debit card marketing
- 10/02/2010 - Credit card direct mail volume on the rise, study says
- 08/02/2010 - Financial Consumer Agency of Canada updates credit card selector tool
- 08/02/2010 - Debit card popularity, credit card processing rebound behind Visa and MasterCard performance
- 05/02/2010 - MasterCard reports $1.3 billion net revenue for Q4 2009 as payment processing volume increases
- 04/02/2010 - Visa posts 1Q 2010 earnings, driven by higher debit and credit card processing
- 03/02/2010 - Consumers more concerned with paying off credit cards than mortgages
- 01/02/2010 - Credit card offers rise in Q4 2009, reversing three-year decline
January 2010
- 29/01/2010 - Payment processing industry uses rewards points to support Haiti relief efforts
- 26/01/2010 - Studies indicate consumers spend more when using credit, debit cards
- 20/01/2010 - With Vancouver on horizon, official sponsor Visa launches new Olympic-themed prepaid cards
- 20/01/2010 - 'Retirement rewards' programs add to the ranks of unique credit card processing incentives
- 19/01/2010 - Credit card companies now focusing on consumer-friendly offers and terms
- 19/01/2010 - AmEx takes payment processing rewards to a whole new level - tax payments
- 13/01/2010 - Cashless society benefits merchants and consumers, says Visa VP
- 12/01/2010 - Canadian businesses increasingly confident, reporting eased credit conditions
- 11/01/2010 - Visa and Coca-Cola announce chip card-enabled Olympic vending machines
- 05/01/2010 - Visa to award one lucky cardholder a lifetime pass to Olympic Winter Games
December 2009
- 30/12/2009 - Consumers express economic confidence in 2010, suggesting uptick in payment processing transactions
- 22/12/2009 - Recession causes consumers to shift their payment processing behavior this holiday season
- 22/12/2009 - Moms prefer debit cards, Visa for holiday purchases
- 21/12/2009 - Canadian retail sales, consumer confidence see growth
- 18/12/2009 - Break out the POS terminals: Canadian shoppers increase spending holiday season
- 18/12/2009 - Shift away from credit cards could change face of payment processing industry
- 15/12/2009 - The 2009 holiday spending forecast is jolly indeed
- 14/12/2009 - RBC: Economy to rebound in 2010, fueled by consumer spending and improved credit
- 10/12/2009 - Recession drives consumer shift from credit to debit, report says
- 10/12/2009 - AmEx unveils rewards charge card aimed at 20-something demographic
- 09/12/2009 - Increased debit card use does not mean credit card declines, experts say
- 08/12/2009 - CIBC lowers credit loss provisions, suggests credit crunch has ended
- 07/12/2009 - Economy gains strength as unemployment rate falls to 8.5%
- 07/12/2009 - Strong payment processing figures expected to bolster Visa's 2010 earnings
- 02/12/2009 - Canada emerges from recession, led by consumer spending and domestic demand
- 01/12/2009 - Canadian consumers increasingly optimistic, yet insecure with personal finances
- 01/12/2009 - Study: Small business credit card processing to dip in 2009, rebound in 2010
November 2009
- 30/11/2009 - Merchant services provider Pivotal Payments recognized for business performance
- 26/11/2009 - BMO Financial Group acquires MasterCard-based Diners Club North America
- 23/11/2009 - Canadian consumers more confident, ready to spend
- 23/11/2009 - Credit card offers spike as economy rebounds, consumers become more financially stable
- 19/11/2009 - Visa launches 3 new prepaid cards for 2010 Vancouver Olympic Games
- 18/11/2009 - Salvation Army adds credit card machines to bell and kettle holiday campaign
- 18/11/2009 - Visa aims to make credit card processing safer, more financially responsible with transaction alerts
- 17/11/2009 - AmEx: Worldwide credit card processing activity to further increase in 4Q
- 17/11/2009 - Best Buy Canada, Future Shop partner with JP Morgan Chase to offer private label credit card
- 16/11/2009 - Visa opens new data center, unveils new payment processing operating system
- 13/11/2009 - IMF forecasts strong Canadian economic outlook, end to credit crunch
- 11/11/2009 - Credit card rewards now appearing in employee bonuses, holiday gifts
- 11/11/2009 - Credit card processing on track for growth as AmEx reports highest spending level this year
- 10/11/2009 - U.S. credit market performance implies end is in sight for credit crunch
- 10/11/2009 - Visa unveils Vancouver Olympic Games marketing campaign
- 09/11/2009 - Credit cards become 'way of life' in New York taxi industry
- 05/11/2009 - Business confidence hits two-year high
- 04/11/2009 - MasterCard posts 3Q revenue growth, fueled by payment processing transactions
- 04/11/2009 - Visa says its Canadian debit cards will benefit payment processing industry
- 02/11/2009 - Credit crunch increases small businesses reliance on credit cards
October 2009
- 30/10/2009 - Global consumer confidence growth may lead to increased spending
- 29/10/2009 - Visa posts fourth quarter profit, bolstered by payment processing transactions
- 29/10/2009 - Interac to compete with Visa and MasterCard by becoming for-profit
- 28/10/2009 - Visa to be official credit card of Vancouver Olympic Games
- 27/10/2009 - Bank of Canada governor confident about credit market, national economy
- 26/10/2009 - Corporate reports point to 'uneven recovery' in Canada
- 23/10/2009 - Chip technologies hold promise for payment processing security, says industry group
- 22/10/2009 - Retail sales rise in August, economy forecasted to improve
- 21/10/2009 - Canadian credit crunch impact has been 'mild,' report says
- 21/10/2009 - Survey: Consumers more comfortable with financial security
- 20/10/2009 - Debit card program can help consumers, merchants give back
- 20/10/2009 - Leading indicators continue four-month rally, consumer spending improves
- 16/10/2009 - Conference Board: Canadian economy to grow 2.9% in 2010
- 14/10/2009 - Don't fear the loonie: Payment processing can keep customers shopping in Canada
- 14/10/2009 - Credit card companies can expect a 'happy Christmas 2009'
- 13/10/2009 - U.S. Army and Navy to deploy VeriFone payment processing solution
- 12/10/2009 - Canadian business, consumer insolvencies decline in August
- 09/10/2009 - Canadian businesses report sales optimism, eased credit access
- 08/10/2009 - Optimism increases in Canadian businesses, consumers
- 08/10/2009 - More than one-quarter of merchants retain payment processing data, survey says
- 08/10/2009 - Mobile commerce holds promise for payment processing industry
- 07/10/2009 - Consumers shift to debit cards, suggests importance of debit payment processing
- 05/10/2009 - Study: Canadian consumers, SMEs performing well despite recession
- 05/10/2009 - American Express to increase presence in Canadian payment processing market
- 02/10/2009 - New Canadian credit card regulations to protect consumers, improve transparency
- 01/10/2009 - Canadian small businesses see green shoots and a bright future
September 2009
- 30/09/2009 - Canadian restaurant industry sees sales growth in July
- 29/09/2009 - Canadian consumer confidence continues 7-month growth as major purchases increase
- 29/09/2009 - Credit card companies go back-to-basics to win back customers
- 23/09/2009 - Credit card losses to subside as industry returns to growth, CIBC CEO says
- 23/09/2009 - Chase targets SME sector with small business credit, charge cards
- 22/09/2009 - Visa projects revenue, EPS growth in 2010 as consumers continue credit card spending
- 21/09/2009 - Canadian university students may be more likely to overspend with credit cards
- 18/09/2009 - Accepting credit cards can help with cash flow concerns
- 17/09/2009 - Leading economic indicators spike in August, consumer spending rebounds
- 17/09/2009 - Credit card industry does not need to fear consumer deleveraging, CEO says
- 16/09/2009 - New York restaurant says 'credit and debit only'
- 15/09/2009 - Visa: Debit card use increases, credit card volume improves
- 13/09/2009 - Wal-Mart eliminates paychecks, gives employees debit cards instead
- 13/09/2009 - Prepaid credit card industry continues growth despite recession
- 12/09/2009 - Credit card losses fall in July, Standard & Poor's reports
- 11/09/2009 - Premium credit card offers increase in 2009
- 08/09/2009 - College students hit record high discretionary spending, purchasing power
- 08/09/2009 - Corporate purchasing shows growth in August
- 04/09/2009 - Canadian economy adds 27,000 jobs in August, consumer spending expected to rebound
- 04/09/2009 - As consumers shift from paper to plastic, payment processing industry soars
- 03/09/2009 - College students borrowing more than ever
- 02/09/2009 - Accepting credit cards is just as important for B2B as it is for B2C
- 01/09/2009 - Recession may be ending - or already over - as real GDP shows growth
- 01/09/2009 - Consumer credit, borrowing increases in 2Q
August 2009
- 31/08/2009 - American small business confidence points to economic recovery
- 31/08/2009 - Consumers should increase spending to avoid 'paradox of thrift,' expert says
- 31/08/2009 - Canadian businesses see recovery on horizon, survey says
- 28/08/2009 - RBC continues positive earnings trend, posts record net income in 3Q
- 27/08/2009 - Personal finance website Mint.com considers Canadian expansion
- 27/08/2009 - Gift cards: the gift that keeps on giving
- 27/08/2009 - Credit card delinquency, borrower debt decreases in 2Q
- 26/08/2009 - American consumer confidence rebounds, Canada likely to follow
- 26/08/2009 - CIBC net income grows by $363 million in past year
- 25/08/2009 - Bank of Montreal reports net income growth, loan performance improvement
- 24/08/2009 - Credit card sales poised to increase as debt and delinquencies decrease
- 24/08/2009 - Canadian consumers spending more per shopping trip
- 21/08/2009 - Banks target 'unbanked' population with prepaid credit cards
- 20/08/2009 - Credit line reductions have 'negligible' impact on credit scores
- 19/08/2009 - Bank of America Merrill Lynch increases Canadian presence
- 18/08/2009 - Customers pay 20% to 30% more with credit cards, fast food survey finds
- 18/08/2009 - Canadian consumers shopping less but spending more per trip
- 17/08/2009 - Credit cards shift reward program focus
- 17/08/2009 - U.S. default rates decrease, credit crunch may be starting to lift
- 14/08/2009 - Canadian consumers more confident and optimistic, spending more
- 14/08/2009 - Payment processing industry sees huge growth, projected to increase
- 13/08/2009 - Credit card purchase behavior stays steady despite credit crunch
- 12/08/2009 - Debit cards surpass credit cards in popularity
- 10/08/2009 - RBC partners with MasterCard to offer travel rewards card
- 10/08/2009 - Prepaid and rewards cards see recession-fueled growth
- 07/08/2009 - Credit card processing is essential for restaurants
- 07/08/2009 - Accepting prepaid credit cards becoming increasingly important
- 05/08/2009 - In a recession, accepting prepaid cards becomes even more important for SMEs

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