MUMBAI—Citigroup Inc. is planning to expand its Indian consumer-banking operations by ramping up its credit-card business and adding one million new customers from the urban middle class over the next two to three years.
If federal regulators limit the charges levied on pre-paid debit card users, banking officials say the industry will likely just invent new fees.
Can you have too much of a good thing? When it comes to credit cards, maybe not. Consumers with good credit are seeing an influx of generous rewards offers, even as overall card offers dropped 30% in the first quarter of 2012 as issuers took ...
Small-business owners glare at me with angry Rottweiler eyes each time that I whip out one of my credit cards for a purchase. Last weekend, for instance, a convenience-store owner in rural Hot Springs, Va. growled that he's charged 45 cents ...
By Tom Barkley and Maya Jackson-Randall U.S. consumer credit expanded in March at the fastest pace since late 2001, boosted by higher student borrowing and a rebound in credit-card use.
Swedish mobile payments start-up iZettle promises to deliver a version of its solution to Google Android operating system this year. "We are working with an Android version of iZettle and it will be released later this year ," said iZettle's ...
Talk about March Madness: consumers went on a borrowing spree, adding $21.4 billion in borrowing for the month. The surge was the largest--in both dollar and percentage terms--since November 2001. What was unusual was an increase of $5.2 ...
Banks and credit-card companies are giving out record rewards to people who sign up for their cards as competition for well-heeled customers reaches a fevered pitch.
Editor's note: Starting over after a financial setback like a divorce, job loss or the death of a spouse can be challenging. The Wall Street Journal Guide to Starting Fresh seeks to put you on the road to recovery one step at a time, ...
BRUSSELS—A European Union court Thursday rejected a legal challenge by MasterCard Inc. of a 2007 EU ruling over its fees, in a case seen as a litmus test on the levies card companies can impose in Europe and the way banks can profit from ...
Forget rewards points and cash back. Some credit-card issuers are touting low rates, simple fees and other "plain vanilla" features to attract credit-wary consumers.
JPMorgan Chase badly wants to cut up American Express' credit card and is attempting to do so by rolling out its own series of attractive cards squarely aimed at AmEx's well-traveled and bejeweled customers. American Express has ...
This time of year many Americans would like to take a swipe at the IRS. Some taxpayers even should, experts say -- with their credit card. Though paying a bill in full is the best way to avoid late charges and other hassles, credit card ...