December 5, 2011 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
December 5, 2011 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
Green Dot Corporation (NYSE: GDOT), a leading prepaid financial services company (“Green Dot”), today announced that its application to acquire Bonneville Bancorp (“Bonneville”) and thereby become a bank holding company under the Bank Holding Company Act of 1956 has been approved by the Board of...
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Surrendering in face of an onslaught of consumer outrage, Bank of America raised the white flag yesterday and jettisoned its plan to slap consumers with a $5 monthly fee for purchasing with their debit cards. Chase, Wells, Regions, and SunTrust were some of the banks...
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Starting last Saturday, Oct. 1, large banks had the interchange fee income they could get from merchants when their customers used their debit cards slashed 45% as a result of the Durbin Amendment. These large banks will lose roughly $7 billion in revenue annually as...
Click here to download eBook Introduction Interchange fees have become increasingly controversial. These fees constitute the bulk of the cost that merchants incur for taking cards because most consumers pay with a card from a four-party system that assesses these fees. The total interchange fees...
PART 1: • Handicapping PayPal in its Mobile Race with Google and Others Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....