Our Scans · (64921) Credit Granting By Non-Deposit Taking Finance Houses · Weekly Summary

• [New] Banks and credit unions are anticipated to hold 45.0% share in 2026 as card loans and personal credit create steady overdue account flows. FactMr
• [New] That the share of U.S. credit card payments in stores will decline to 36% and debit cards will slide to 25% as digital wallet use rises. The Ohio Society of CPAs
• [New] The Worldpay report forecasts a decline in the share of credit card payments at U.S. brick-and-mortar stores as digital wallets gain popularity. The Ohio Society of CPAs
• [New] Before expanding age verification worldwide, it plans to introduce additional verification methods, including the option to verify using a credit card. TechCrunch
• [New] Credit card balances are projected to rise only 2.3% in 2026 (the smallest increase since 2013. Kompato
• [New] Credit card serious delinquency is projected to stay around 2.57% through 2026, and 14.1% of outstanding credit card balances were over 30 days past due by early 2025. Kompato
• [New] Growth in credit card loans is expected to stabilize in 2026, following a 2.8% decline in the first half of 2025. Spherical Insights
• Earlier this year, threat actor TA558 used AI-generated scripts to launch phishing campaigns against Spanish - and Portuguese-speaking hotel staff to steal credit card data. HFTP
• Mercado Pago, the fintech arm of Mercado Libre, plans to launch a credit card in Chile in 2026, expanding its consumer credit offering and positioning it more directly against traditional banks. This Week in Fintech
• Visa and Mastercard's merchant settlement could affect premium credit card acceptance and costs. CreditSights
• Credit Risk: With U.S. consumer debt at record levels, Citigroup's massive credit card portfolio is sensitive to any potential spike in unemployment or a downturn in the U.S. economy. FinancialContent
• Rising fuel costs and other household expenses, mounting credit card debt and softening employment led New England Consulting Group researchers to believe that retail sales growth in 2026 might struggle to reach 3%. Yahoo Finance
• Credit card rates are going to stay high even if the Fed cuts rates. 115771908788438436647
• A credit card company could use H2O.ai to analyze transaction data in real-time, looking for suspicious patterns such as unusual spending amounts, transactions in unfamiliar locations, or multiple transactions in a short period of time. DeepUseCase
• The RBA will lower interchange fee caps on domestic credit, debit and prepaid cards, introduce caps for foreign-issued cards used in Australia, and require greater transparency around card scheme and acquiring fees. Dwyer Harris business lawyers
• The immediate challenge remains a liquidity crunch for the average household, which could lead to a significant pullback in credit card spending and a rise in delinquency rates for subprime borrowers by the end of the year. FinancialContent
• Credit card rates are expected to range from a high of 19.7% early in 2026 to a low of 19.1% toward the year's end, bringing the average credit card rate for the year to 19.4%. 115771908788438436647
• Traditional issuers will now need to respond, but for now, platforms like Robinhood, Coinbase, and Gemini are seemingly redefining what a credit card can offer in the digital economy. Crowdfund Insider
• Credit card issuers like American Express Company and Visa Inc. may see reduced default risks as employment stability ensures that consumers can continue to service their debt loads. Valley City Times-Record
• Nearly all projected savings under the CCCA would accrue to large corporate merchants, while small businesses could lose USD 1 billion in card rewards and face constrained access to credit. Hogan Lovells
• Consumer lenders like Capital One Financial Corp. and Synchrony Financial are facing a double whammy of rising delinquency risks and political pressure to cap credit card interest rates. Valley City Times-Record

Last updated: 20 June 2026