A $7.25 billion antitrust settlement over credit card fees between Visa, MasterCard and millions of retailers was tossed out by the 2nd U.S. Circuit of Appeals in New York. According to Reuters, this is the largest all-cash antitrust case in U.S. history. Get the Full Story Complete...
There’s one major topic driving the conversations in payments: fraud. 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...
The Federal Reserve unveiled the results of its stress test Wednesday—an exercise more commonly known as the Comprehensive Capital Analysis and Review, and the annual gauge of the financial health of the nation’s biggest banks. Get the Full Story Complete the form to unlock this...
Not all that long ago GE and Finance seemed a tenuous partnership, as a drastic restructuring in the wake of the financial crisis brought risk down and reach down as well. The past year (and then some), according to The Wall Street Journal, has seen...
Amazon Payments will soon be an official payment option of the U.S. federal government. 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...
Western Union Business Solutions, operating within currency exchange, said Tuesday that it has signed an agreement with DriveWealth to bring better access to the stock market to individual investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Online lender Lending Club said Tuesday (June 28) that its founder and former CEO borrowed from the company in what amounted to an effort to boost the reported lending volumes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
High flying. Tech-centric. Illusive. In demand. Temperamental. That’s the millennial – the unicorn of the financial services industry. TSYS Director Jeff Hampton offers some insight from his company’s brand new research on how to capture their hearts, minds and spend of a group that will...
In the continuing saga of Green Dot and corporate structure and C-suite level executives, the company said Monday that William I. Jacobs has been named chairman of the board, as the firm has separated the chairman and chief executive officer roles. Get the Full Story...
