Nilson in the news
October 14, 2024
Bankrate
Travelers are vulnerable: Here’s how to keep your money safe while traveling
"Payment card fraud losses worldwide totaled $33.45 billion in 2022 and is projected to reach over $43 billion by 2028"
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October 14, 2024
Travelers are vulnerable: Here’s how to keep your money safe while traveling
"Payment card fraud losses worldwide totaled $33.45 billion in 2022 and is projected to reach over $43 billion by 2028"
September 19, 2024
Trump Floats Long-Shot Proposal for 10% Cap on Credit-Card Rates
"Borrowers in lower- and middle-income households who carry balances would benefit the most from caps on credit-card charges. But they would also be the first ones banks would stop lending to if Trump’s cap were passed, said David Robertson, publisher of the Nilson Report, an industry publication."
"'Wall Street banks would say, how much further risk do I want to bring on given the fact that my revenue is shrinking?” Robertson said. “That’s where the rubber meets the road.'"
September 12, 2024
Credit Card Facts & Statistics – Debt, Spending & More [2024]
"According to the 2024 Nilson Report, the breakdown of purchase volume from the top issuers of general-purpose credit cards in the U.S. is below:
Chase: $1.246 billion
American Express: $1.124 billion
Citi: $594 billion
Capital One: $575 billion
Bank of America: $494 billion
Discover: $218 billion
U.S. Bank: $200 billion
Wells Fargo: $192 billion"
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