Interest in Bitcoin Continues to Grow
The fascination with the digital currency Bitcoin continues to increase. Blockchain.info, one of the leading online wallet services for digital currency, reports they now have over one million Bitcoin...
View ArticleBy 2030, Most Transactions Will Be Cashless
Over half (56%) the experts surveyed in the payments and financial services industry think the United States will be a cashless society by 2030. A Capital One survey of 151 leaders in these sectors...
View ArticleGlobal Bitcoin Technology Market on the Rise
The Global Bitcoin Technology Market is expected to rise at a compound annual growth rate of 7.26% between 2015 to 2020, according to a recent Research and Markets' report. The growing middle class in...
View ArticleLowCards.com Weekly Credit Card Update–January 22, 2016
Stolen Uber Accounts Worth More than Stolen Credit Cards Cybercriminals don't care that much about your credit card number anymore. Uber, PayPal and even Netflix accounts have become much more valuable...
View ArticleLowCards.com Weekly Credit Card Update–November 4, 2016
Subprime Credit Card Surge Pushing Up Missed Payments Credit card lending to subprime borrowers is starting to backfire. Missed payments on credit cards that lenders issued recently are higher than on...
View ArticleLowCards.com Weekly Credit Card Update–October 20, 2017
American Express Fee Accusations Get U.S. High Court Hearing The U.S. Supreme Court accepted a case that could roil the credit-card business, agreeing Monday to consider reviving government allegations...
View ArticleLowCards.com Weekly Credit Card Update–November 17, 2017
CFPB’s Cordray Resigns; Agency Future Uncertain Richard Cordray, first Director of the Consumer Financial Protection Bureau, will leave the agency at the end of the month. It has long been rumored that...
View ArticleLowCards.com Weekly Credit Card Update–February 2, 2018
US Data Breaches Hit All-Time High The Identity Theft Resource Center, a U.S. non-profit organization set up to help ID theft victims, reports that in 2017, the number of U.S. data breaches reached an...
View ArticleLowCards.com Weekly Credit Card Update–April 20, 2018
Small But Growing Number of Restaurants Are Going Cashless The trend toward cashless small and mid-sized businesses is fairly new. During a busy lunch hour with customers lined up at ordering stations...
View ArticleLowCards.com Weekly Credit Card Update–May 25, 2018
Sports Gambling’s Next Hurdle Is Credit Cards After Court Ruling For U.S. states ready to legalize gambling, banks hold many of the cards. The Supreme Court ruled this week that states can allow...
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LowCards.com Weekly Credit Card Update–June 15, 2018
Why Fed Rate Hike Can Drive You to Pay Down Credit Cards The price tag for the latest Fed rate hike will be an extra $1.6 billion this year alone for consumers who are carrying debt on their credit...
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LowCards.com Weekly Credit Card Update–October 5, 2018
Credit Card Giant Chase Jumps Into Tours and Activities As tours and activities become more in demand around the world, some credit cards are looking to be more than just the payment method you use to...
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LowCards.com Weekly Credit Card Update–November 21, 2018
Smart Ways to Handle Holiday Credit Card Spending An online survey found that shoppers expect to spend $776 on average this holiday season, up by $116 from 2017. Almost 73 percent of respondents say...
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LowCards.com Weekly Credit Card Update–December 14, 2018
How Wealthy People Use Credit Cards Differently Than Most Americans Debit cards were the most popular payment method in the United States in 2017, as a study by TSYS found 44% of consumers preferred...
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LowCards.com Weekly Credit Card Update–December 27, 2018
Mastercard Says U.S. Retail Holiday Spending Increased 5.1%, Online Holiday Spending Grew 19.1% According to Mastercard SpendingPulse, which provides insights into overall retail spending trends across...
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LowCards.com Weekly Credit Card Update–January 4, 2019
Rewards Credit Cards Gained a Fanatic Following-Now Banks Are Pulling Back The ultra-premium rewards have turned into financial albatrosses. Big banks calculated that giant rewards would make consumers...
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Could JPMorgan’s Cryptocurrency Be Used by Consumers?
Earlier this month, JPMorgan became the first major bank in the United States to launch its own cryptocurrency, JPM Coin. This digital currency allows the bank to make instant money transfers over a...
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Mastercard Looking to Develop Cryptocurrency and Crypto Wallet
Mastercard is aiming to build a cryptocurrency development team, according to the company’s active job listings. The jobs include vice president of project management for blockchain/crypto, as well as...
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LowCards.com Weekly Credit Card Update–August 9, 2019
Chase Bank Wipes Out All Outstanding Credit Card Debt Owed by Canadian Users A U.S. bank says it is letting some Canadian consumers off the hook for credit card debt as it exits the market. Chase Bank...
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LowCards.com Weekly Credit Card Update–October 4, 2019
Visa, Mastercard, Others Reconsider Involvement in Facebook’s Libra Network Cracks are forming in the coalition Facebook assembled to build a global cryptocurrency-based payments network. Visa,...
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