Credit & Debit

With the coronavirus pandemic, digital banking has been on the rise in North America as people continue to try and keep their distance from strangers.

Understanding what impacts your credit can give you the tools you need to improve it.

Financial consumers who pay off debt deserve praise. They also deserve to know when their credit scores will reflect those payments.

The Justice Department is investigating whether Visa Inc. is engaging in anticompetitive practices in the debit-card market, according to people familiar with the matter.

Both companies were slated to increase their interchange rates, fees imposed on merchants every time a consumer swipes their credit or debit card, this coming April. 

If you're seeking to rent a home rather than buy one, strong credit could be your ticket to a lease.

General Motors, Goldman Sachs and Mastercard are joining forces to create co-branded, rewards-based credit cards this year. 

Fewer than 4 in 10 adults said they would be able to tap into their savings in order to absorb the four-figure bill. 

Over 2020, nearly 70% of Americans had a credit score of 670 or above, which is an improvement of three percentage points compared to 2019. 

Mastercard announced Thursday that it is cutting financial ties with Pornhub, and Visa said it is temporarily suspending payments on the site.

Despite the coronavirus pandemic and subsequent economic recession, consumers didn't fall deeper into debt, analysts said.

Considering the cost of interest, paying off credit card debt can be a huge money saver.

U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.

As the pandemic and its associated economic woes drag on, consumers may want to start paying attention to credit.

Venmo is debuting its Venmo Credit Card after a much-anticipated roll out since the company made the announcement last year. 

Contrary to common belief, having 1% of your credit limits in use may help your credit score even more than showing 0% usage.

Businesses in the U.S. and 3 other countries lost $20.3 billion in 2019 due to false card declines.

The ads were targeted to postal code, gender, age, parental status or marital status A new policy will go into effect by the end of the year

Fraudsters are increasingly using pilfered credit-card numbers and phishing attacks to prey on overwhelmed consumers and banks during the coronavirus pandemic.

The payment processor is also considering consolidating offices.