- PAID CONTENT
Overview
Happy days are here again as U.S. credit card issuers reverse the downward trend in their profitability as the next decade begins.
Low unemployment helped control credit loss expenses and increased credit card interest spreads improved revenue in 2019. Expect both factors to have a positive impact on the credit card industry in 2020. This Mercator Advisory Group outlook on credit cards for 2020 identifies 12 trends that will influence U.S. issuers’ revenue, risk, the market, and product growth.
Learn More About This Report & Javelin
Related content
High-Yield Savings Accounts: An Efficient Way to Fund Credit Card Loans
Credit card lending requires funding, and banks with credit card programs find themselves at an interesting point: The prime rate is at its highest level in decades, and in anticip...
Credit Card Lending Needs a Slowdown; Work with Cardholders to Shield Upcoming Risk
Consumer debt is climbing, and for the wrong reason. Consumptive spending is evident on credit cards, and household budgets are under stress, diminishing the ability of consumers t...
Capital One and Discover: The Potential to Build a Global Payments Ecosystem with Scale
The Capital One acquisition of Discover, if it gains regulatory approval, will create a global force in payments for acceptance, issuance, and processing. To clear the regulatory h...
Make informed decisions in a digital financial world