Rep. Shelley Moore Capito (R-WV), the new chief of the House Financial Services subcommittee on financial institutions and consumer credit, didn’t hold back her disapproval regarding certain aspects of the Dodd-Frank financial overhaul bill in an interview with Dow Jones Newswires’ Maya Jackson Randall. Capito...
Rep. Barney Frank (D-MA) asserted that President Obama would not put forth Elizabeth Warren as his nominee to head the Consumer Financial Protection Bureau (CFPB) in a recent interview with MSNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mobilize Alternative Delivery Channels for Improved Reach, Increased Transactions, Lower Costs and New Products 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...
TSYS (NYSE: TSS) today announced it has collaborated with Pitney Bowes Inc. (NYSE: PBI) to introduce the TSYS Whitespace Manager — a partner-managed TransPromo solution. TSYS issuing clients, as well as issuers who do not process with TSYS, can access and enjoy the benefits of...
First Data Corporation, a global leader in electronic commerce and payment processing, today introduced mobile vouchers (mVoucher) for merchants looking to extend their brand and commerce services to their ever-more-mobile customers. First Data mVoucher enables merchants to deliver offers to consumers through e-mail or their...
Chase has decided to cancel its debit card rewards program after July 19 in light of potential caps on interchange fees, according to ABC News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo & Co. (WFC) Chief Executive Officer John Stumpf in his annual letter to shareholders asserted that capping debit interchange fees would “make no sense” and interfere with free- market economics, according to Bloomberg. Get the Full Story Complete the form to unlock this...
When it comes to mitigating fraud and misuse in a card program, there’s good news: it is possible to achieve an appropriate balance between an over- and under-controlled program. Controls begin with a preventative approach, such as establishing roles and responsibilities and documenting clear policies...
Name: Randy Gibbons 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...