CFPB Requests Information on Mobile Financial Services

The Consumer Financial Protection Bureau is inquiring about mobile financial services in an effort to create better security on mobile banking platforms and to reach out to unbanked consumers. According to the CFPB, 74,000 customers a day used mobile banking … Continue reading

New Service Allows Shoppers to Load Digital Coupons onto Credit Cards

Coupons.com is known for helping people save money, but its newest service may bring those savings to a new level. The company now has a program on its website and mobile app that allows users to upload digital coupons onto … Continue reading

Holiday Shopping Goes Mobile

A new study reveals that a staggering 68% of smartphone owners plan to use their devices to assist with their holiday shopping this year. According to Deloitte's 28th annual survey of holiday spending intentions and trends, 56% of smartphone owners plan … Continue reading

LowCards.com Weekly Credit Card Update–October 17, 2013

JP Morgan Chase Points to Legal Expenses in Quarterly Loss JP Morgan Chase reported a quarterly loss for the first time ever under CEO Jamie Dimon as the bank spent billions battling lawsuits and dealing with federal investigations into some … Continue reading

FlexControl Helps Cardholders Control Credit Card Payments

U.S. Bank recently launched a new program known as FlexControl, which allows cardholders to manage the type of payments they make on their credit cards. FlexControl lets consumers determine if they want to make payments in full and how long they … Continue reading

Mobile Banking Continues to Increase

More consumers are turning to their phones to take care of their banking needs according to the latest data from the Federal Reserve. The study, entitled Consumers and Mobile Financial Services and done in late November, showed that 28% of mobile … Continue reading

MasterCard, Visa Take Major Steps in Digital Payment Industry

Visa and MasterCard both made significant moves in the digital payment markets this week. MasterCard introduced MasterPass, a digital service that allows customers to purchase items from wherever they are and with any mobile device. Consumers can use any payment … Continue reading

One-Fifth of Tablet Owners Spend $50+ On Device Each Month

Tablet sales are skyrocketing--200 million have been shipped throughout the world in the past three years, and forecasts show that one billion will be shipped in the next five years. This could have a dramatic effect on how consumers shop … Continue reading

Top Credit Card Stories of the Year

2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012: Swipe … Continue reading

LowCards.com Weekly Credit Card Update December 14

Bank of America’s Plan to Drive Mobile Banking Beyond 12 Million Users As part of a drive to sign up more people for mobile banking, Bank of America is outfitting its teller stations with quick response (QR) codes that can … Continue reading

AmEx Jumps Into “T-Commerce”

American Express is creating media partnerships to make it easy for viewers to buy the clothing, furniture and other items they see while watching a television show. The technology is being called "T-Commerce" since it is combining e-commerce with television … Continue reading

Strong Cyber Monday Sales Expected

An estimated 129.2 million shoppers say they will head to retailers' websites today, up from 122.8 million who shopped last year, according to a Shop.org survey. This follows record levels of online spending over the Black Friday weekend. Special promotions will … Continue reading

LowCards.com Weekly Credit Card Update November 21

Mobile Apps Aim to Steer Consumer Credit Card Choices There are two new mobile apps which help cardholders select the best credit card to use at checkout. Wallaby Financial released a free app that helps iPhone users determine which card … Continue reading

Mobile Devices To Aid Store Clerks This Holiday Season

Your Christmas shopping may be a little more pleasant this year, thanks to greater use of mobile devices by the clerks in certain retail chains. Sears and Kmart will equip their employees in 360 stores with mobile point-of-sale devices to … Continue reading