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Trade groups file lawsuit in Texas federal court challenging CFPB final credit card late fee rule and ask for preliminary injunction

CFPB Monitor

Just two days after the CFPB issued its final credit card late fee rule (Rule) last week, a lawsuit was filed in a Texas federal district court seeking to invalidate the Rule.

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Elevate Credit introduces a subprime credit card

Payments Source

The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years.

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For Retail Promotions, Rewards Beat Out Discounts

PYMNTS

Dubbed “Target Red,” the program will not be linked to a debit or credit card , The Star Tribune reported in March. Joshua Thomas, a Target spokesman, told the newspaper, “We know not everyone wants another credit card. Target , among other retailers, is beginning to experiment with a new rewards program.

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Target Experiments With New Loyalty Program

PYMNTS

As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We So, we want to find a way to grow our relationship and affinity with those guests.”.

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How Innovation Became A Core Competency For Neiman Marcus

PYMNTS

The new Neiman Marcus store in Dallas-Fort Worth is both very much like — and completely different from — the 42 other Neiman Marcus stores scattered throughout the United States. A private label card that is the epitome of private label cards. But this Neiman’s is also very different.

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Best Credit Cards in Texas: Get the Most Rewards & Perks on Spending

MyBankTracker

The best credit cards are the ones that align with your spending style and needs. But where you live geographically can also play a part in choosing a card. For example, the best credit cards in Texas can reward you with cash, miles or points on everyday spending, entertainment and travel purchases. Best Credit Cards in Texas.

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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

PYMNTS

For those who carry either the branded Gap card, or the Gap Mastercard (or anyone who has ever been part of a retail rewards program), the offerings are fairly familiar. Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events.