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Credit Cards

Apple plugs into the credit card business

by Tracey Samuelson
Aug 7, 2019
How might this change the competitive landscape?
The Apple Store on Fifth Avenue in New York City.
Eric Thayer/Getty Images
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Capital One target of massive data breach

by Associated Press
Jul 30, 2019
A security breach at Capital One Financial compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers.
Capital One Tower, Tysons, Virginia
birdma/Flickr (CC BY 2.0)
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Credit card companies will lower your interest rates — if you ask them

by Ben Bradford
Jun 14, 2019
A new survey finds 81% of people who asked for a better rate got one.
Joe Raedle/Getty Images
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Secured credit cards help build credit, with some caveats

by Meghan McCarty Carino
Jun 11, 2019
Amazon Credit Builder will offer secured credit lines to those without strong credit who put down a security deposit to borrow against.
Joe Raedle/Getty Images
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What the U.S. means when it says it wants more access to China's markets

by Jennifer Pak
Jun 11, 2019
Since the Tiananmen protests in 1989, China has allowed citizens more economic freedoms, which have benefited a lot of American brands, but there are still sectors they are heavily restricted in.
A sign directing customers to queue at the entrance of a Starbucks Roastery in Shanghai in early 2018, a few months after it opened.
Jennifer Pak/Marketplace
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Credit card delinquency rates have been rising — especially for young people

by Justin Ho
May 17, 2019
Oh, and the interest on that outstanding debt? It's getting more expensive.
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Can credit card companies sustain their rewards programs?

by Janet Nguyen
Apr 19, 2019
American Express recently reported quarterly earnings, showing that its single-biggest expense was credit card rewards.
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An Apple-Goldman credit card could help both titans

by Justin Ho
Feb 21, 2019
A report in the Wall Street Journal Thursday said Apple is about to launch a new credit card with Goldman Sachs. The move comes as Apple is trying to diversify its revenue sources away from iPhones, which have been struggling around the world. For Goldman, the reported partnership could be the bank’s latest attempt to […]
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How can mobile payments in China be greater than GDP?

by Jennifer Pak
Jan 22, 2019
Some listeners balked when we reported $23 trillion in mobile payments there in 2016.
Mobile payments made through third-party providers like Alipay bring China's total mobile payment transactions in 2016 to around $38 trillion.
Johannes Eisele/AFP/Getty Images
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Going cashless in Shanghai

by Jennifer Pak
Jan 15, 2019
Chinese mobile payment apps have surged in popularity. Could U.S. credit card companies compete?
A driver pays a highway toll using mobile payment method Alipay in Zhejiang province.
STR/AFP/Getty Images
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