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Goldman in talks to transfer Apple card deal to Amex: reports

Payments Dive

The move, if true, would mark a 180-degree turn after Goldman and the tech giant extended their partnership until 2029 in October.

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Visa and Mastercard to extend current cap on tourist card fees

The Paypers

The European Commission has announced that Visa and Mastercard will extend the current caps on tourist card fees established with EU antitrust regulators for an additional five years, through 2029.

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Q1 2019: US credit card issuer snapshot

Accenture

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Credit card profitability remains attractive for banks with our ROA proxies increasing 43 bps YoY?. Partnership developments.

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Today In Data: Digital’s Growing New Frontiers

PYMNTS

6 billion: Number of new credit cards circulated each year. Doing more for customers – and doing better by the world – was an ongoing theme of the week, particularly as the holiday shopping season gets closer. billion: Amazon North American sales in Q3. billion: Value of the U.K. subscription box market by 2022. million.e.

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Mastercard Sees 17 Pct X-Border Volume Growth, B2B A Key Market

PYMNTS

billion, and Mastercard increased its card count 6 percent to 2.6 In one example, he said the company had extended its global agreement with Citigroup for an additional five years to 2029, and will remain the bank’s exclusive partner for Citi branded credit and debit business. Commercial Card Pacts and Click to Pay.

Marketing 101