The agency says Horizon Card Services violated the Truth in Lending Act by charging fees as high as 60% of a customer's credit limit, and all but refusing to cancel their cards
The payments technology company is getting a remake with job cuts, an acquisition and potential divestitures a year after Cameron Bready ascended to the CEO post
American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week