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Credit card companies

Credit card companies see big opportunity in small business spending

by Justin Ho
May 17, 2024
Small business spending has been fairly slow recently, according to American Express. But credit card companies see a lot of potential in the market.
The competition for business owners’ wallets has been heating up, despite today’s subdued spending environment.
visualspace via Getty Images
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As consumers pay off credit card debt, banks are likely to offer credit incentives

by Justin Ho
Jun 1, 2021
Banks are already stepping up marketing campaigns to try to get more consumers to use their services.
Since people have been good about paying off their balances, consumers’ credit scores have improved, says Andrew Davidson, who follows credit cards at Comperemedia.
AsiaVision via Getty Images
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Why credit card limits could rise this year

by Justin Ho
Feb 26, 2021
Lenders aren't quite as nervous about consumer finances anymore, and they're anticipating a boom in consumer spending.
Credit card companies hope that increased credit limits will create more outstanding balances, meaning more revenue for them.
Joe Raedle/Getty Images
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Should credit card companies tackle gun sales?

by Andy Uhler
Feb 20, 2018
Andrew Ross Sorkin had an interesting column in the New York Times yesterday — a business and economic take on how to make mass shootings less common. PayPal and Square, Sorkin pointed out, decided years ago not to let people use their services to buy guns. What about Mastercard and Visa, he wondered. Or the […]
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