{
  "id": 19990132,
  "title": "Card Networks Like Visa and Mastercard Don't Take Credit Losses. American Express Does. Here's Why That Matters for the Stock.",
  "url": "https://urgent.news/2026/11/14/card-networks-like-visa-and-mastercard-dont-take-credit-losses-19990132",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T13:55:00.000Z",
  "source": {
    "name": "Nasdaq Markets",
    "slug": "nasdaq-markets",
    "url": "https://www.nasdaq.com/articles/card-networks-visa-and-mastercard-dont-take-credit-losses-american-express-does-heres-why"
  },
  "original_language": "en",
  "account": null,
  "summary": "Key PointsVisa and Mastercard don’t act as card issuers, which creates capital-light business models that generate significant profits.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Card Networks Like Visa and Mastercard Don't Take Credit Losses. American Express Does. Here's Why That Matters for the Stock.",
        "url": "https://urgent.news/2026/11/14/card-networks-like-visa-and-mastercard-dont-take-credit-losses",
        "published": "2026-11-14T13:35:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}