Tag: Consumer banking
Visa 2Q profits fall 2%, as economic slowdown hits payments
<p>NEW YORK — Visa Inc.'s fiscal second-quarter profits fell 2% from a year earlier, as the company dealt with a slowdown across its payment...
Wells Fargo earned $4.74 billion in Q1, topping estimates
SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
Wells Fargo earned $4.74 billion in Q1, topping estimates
<p>SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
Millennial Money: How my travel credit card saved me $1,388
In 2020, I was looking forward to leaving Los Angeles for a socially distanced vacation in San Diego. I had stocked up on food,...
Millennial Money: How my travel credit card saved me $1,388
<p>In 2020, I was looking forward to leaving Los Angeles for a socially distanced vacation in San Diego. I had stocked up on food,...
Startup cards stay open to credit builders
While major credit card issuers tightened lending standards and slashed credit limits amid COVID-19, some financial technology startups took a different tack.
...
Startup cards stay open to credit builders
<p>While major credit card issuers tightened lending standards and slashed credit limits amid <a href="https://www.nerdwallet.com/l/covid19-guide?utm_campaign=ct_prod&utm_source=ap&utm_medium=mpsyn">COVID-19</a>, some financial technology startups took a different tack.</p>
...
Regulators liquidate troubled Indianapolis credit union
INDIANAPOLIS — A credit union formed nearly six decades ago by Indianapolis newspaper employees has been liquidated, two months after regulators placed the financially-troubled...
Regulators liquidate troubled Indianapolis credit union
<p>INDIANAPOLIS — A credit union formed nearly six decades ago by Indianapolis newspaper employees has been liquidated, two months after regulators placed the financially-troubled...
Report: DOJ investigating Visa over debit card business
CHARLOTTE, N.C. — Visa is under investigation by the Department of Justice's antitrust division over whether the company pushes merchants into more expensive forms...