[LONDON] According to consumer research recently conducted in the U.K. and published in Cardbeat®, a syndicated research report published by Auriemma Group, the ability to choose a payment due date for their credit card has broad appeal to cardholders. However, only a quarter recall being offered this option by any credit card issuer. Account management tools […]
(New York, NY): Becoming the first credit card in a person’s wallet has long-term financial benefits for banks; the average account tenure is 17.4 years. Further, more than two in five (41%) consumers report that they also have some other type(s) of account(s) with the same bank in addition to their credit card, most commonly […]
NEW YORK, NY: Over the years, American consumers have gained greater transparency on credit reporting. For example, in 2003, The Fair Credit Reporting Act (FCRA) was amended to require that each of the nationwide credit reporting companies provide consumers with one free copy of their credit report, upon request, once every 12 months. Previously, access […]
John Costa, Managing Director of Auriemma Finance, has published an article in American Banker’s BankThink section. The piece focuses on how Basel III rules have magnified the importance of regulatory capital in the decision-making process to buy or to sell a credit card portfolio. You can read the full story here: Basel III Makes Credit Card Portfolios […]
John Costa, Managing Director of Auriemma Finance, has published an article in American Banker. The piece focuses on the notion of “creative finance” as an outcome of the global credit crisis. You can read the full story here: Desperate Times Call for Financial Creativity For more information, contact John Costa at john.costa@auriemma.group or 212-323-7000.