Credit cards
US consumers are increasingly denied credit – NY Fed survey
Rejections for auto loans and remortgages have reached record levels
Bank of Thailand announces measures to ease household debt
Central bank extends easier repayment rules for card users and persistent debtors
DNB study sounds alarm over youngsters’ payment habits
“Fun” justifications for big purchases storing up trouble for future, says research
Fed paper looks at US opioids crisis
Banks are causing credit contraction in worst-affected communities, researchers say
Mir card system to operate across Cuba
Russian payments network continues gradual progress in Latin America
Egypt restricts foreign currency credit card payments
The move comes after the central bank restricted debit card use abroad
Pandemic may have altered US credit score reporting – paper
Government support and spending changes improved many individuals' ratings, researchers find
Myanmar official says Mir payments will launch in October
Central bank leader had predicted the Russian card would start circulating last year
Central Bank of Ireland suffers credit data breach
Over 20,000 borrowers’ credit scores impacted by “archiving error”
Brazil governor promises to end high-interest rotating credit
Campos Neto tells legislators central bank achieved “soft landing” on monetary policy
Nicaragua considers joining Mir network
Finance minister says Russian cards will overcome “aggression” of sanctions
Russia’s Mir cards now working in Venezuela
Russian payment cards advance in Latin America, but get sanctioned by Canada
Nigerian central bank caps contactless payments
Move limits consumers’ daily contactless payments to $66
Chile’s cash use has rebounded since pandemic, survey finds
Cash remains the primary payment method for small purchases, though card use has risen
Financial security of US households ‘fell sharply’ in 2022
Inflation comes first in list of financial worries, Fed survey finds
US household debt passes $17 trillion
Mortgage originations fall to lowest level since 2014
Venezuela may join Russian card network
Mir system suffered major setbacks last year after US warning
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
Eurozone citizens still use cash in majority of transactions
Cash use declines since 2019, but still makes up almost 60% of transactions
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Is there a case for a retail CBDC in Japan?
A BoJ-managed, account-ledger ‘digital yen’ tied to the new Kotora payments may offer some potential