Search results for "financial services"

September 16, 2010
Senator Durbin’s Amendment Could Affect Consumer Debit and Credit Spending,...

Jun 3, 2010, 3:49pm A new study from the Financial Services Group at Lightspeed Research shows that the majority of U.S. consumers are not in favor of the payment choice...


September 16, 2010
Overwhelming Majority of Americans Reject Anti-Consumer Debit Amendment Hidden in...

Jun 14, 2010, 9:00am A new survey finds that an overwhelming majority of Americans oppose giving the federal government the ability to set the rates retailers pay for accepting debit...


September 16, 2010
Hearing Shows Credit and Debit Swipe Fees Cost Federal Government...

Jun 16, 2010, 1:45pm The National Retail Federation said a Senate hearing today on the $116 million in credit and debit card swipe fees paid annually by the federal government...


September 16, 2010
Center for Financial Services Innovation Advocates for an Exclusion from...

Jun 17, 2010, 4:39pm The Center for Financial Services Innovation (CFSI) issued a statement today on the specific language in the Financial Regulatory Reform bill that would regulate interchange fees,...


September 16, 2010
NRF Radio Ads Ask Congress to Keep Swipe Fee Amendment...

Jun 18, 2010, 3:58pm The National Retail Federation today launched a radio campaign urging the House and Senate to keep an amendment seeking reasonable swipe fees for debit card transactions...


September 16, 2010
Statement from Vikram Pandit, CEO, Citigroup, on Financial Reform Legislation

Jun 25, 2010, 12:11pm “Throughout the legislative process, Citi has fully supported efforts to strengthen regulations and protect consumers. I have been outspoken about the need for banks to be...


September 16, 2010
Dodd-Frank Wall Street Reform and Consumer Protection Act

Jun 28, 2010, 7:00am Washington, DC – Americans have faced the worst financial crisis since the Great Depression.  Millions have lost their jobs, businesses have failed, housing prices have dropped,...


September 16, 2010
NRF Calls Signing of Swipe Fee Fix Important First Step,...

Jul 21, 2010, 12:12pm The National Retail Federation welcomed today’s signing of financial reform legislation that includes landmark provisions to control the $48 billion in credit and debit card swipe...


September 16, 2010
What Does the Credit Card Market Have In Common with...

by Joshua M. Frank (bio) The credit card industry is highly concentrated.  Ninety percent of the lending market is controlled by the top 10 issuers, yet there still appears to...


Generative AI Tracker®: Banking on AI: Financial Services Sector Harnesses Generative AI for Security and Service

GenAI is rapidly gaining traction in the financial services sector, but executives worry about the risk of spreading financial misinformation and exposing sensitive data to security breaches. The latest “Generative AI Tracker®,” a collaboration with AI-ID, examines what experts and bankers say is needed to get bankers over the hump.

Credit Unions and Community Banks Gain Credit Card Issuing Momentum
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look The share of consumers whose primary credit card is with a national bank has fallen from 76% in 2020 to 68% in 2023. PYMNTS Intelligence’s latest study of 2,088 consumers, “Credit Unions and Community Banks Gain Credit Card Issuing Momentum,” a PYMNTS Intelligence and Elan Credit Card, reveals how smaller FIs can position themselves to take a share of national banks’ cardholders by offering key features.