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Synchrony and Gap to shut down credit card partnership

Barclays will pick up Gap's credit card portfolio in May 2022.

Citi joins Mastercard’s True Name program for transgender and nonbinary consumers

Cardholders can use their chosen name on the cards.

The Next Big Thing?: Financial services site Crediverso taps an overlooked...

"The content is really important here," said founder Carlos Hernandez.

Norman G. Grill: Paying off debt the smart way

With today’s economic uncertainty, being debt-free is a worthwhile goal.

Mastercard to buy Finicity for $825M to expand its open banking...

In a move that Mastercard said will enhance its open banking products, the Purchase-based credit card company said on June 23 that it intends...

BMO Harris Bank to offer credit cards under Mastercard’s True Name...

Last December, the bank offered the True Name feature in its consumer debit and ATM Mastercard cards.

Shelton’s RightCapital debuts payment service for financial planners

"RightPay enables advisers to deliver a financial plan and collect payment for the plan via a single RightCapital financial planning portal," said RightCapital CEO Shuang Chen.

Synchrony Financial sued by Walmart for $800M

Walmart claimed that Synchrony’s underwriting standards created financial problems for the retailer.

Study ranks CT second for highest average credit card balance in...

Notably, the new study observed that credit card users in high-income states also "tend to have a greater ability to pay off their credit cards overall."

Synchrony develops Alexa voice technology feature for Amazon Store Card holders

Stamford-based Synchrony has announced that a new function has been added to the Amazon Alexa device that will allow people to manage their Amazon Store Card accounts through voice commands.

Black Friday shoppers weigh using cash versus credit

Despite an increase in numbers from MasterCard regarding credit use over Black Friday weekend, many consumers are trying to remain disciplined this holiday spending season.

MasterCard earnings, revenue increase in second quarter

MasterCard, headquartered in Purchase, reported profit rose 17 percent during the second quarter, from $608 million, or $4.76 per share, a year ago to $700 million, or $5.55 per share.