The Consumer Financial Protection Bureau (CFPB) aims to boost competition in the credit card industry to deliver lower rates to consumers. The agency announced this...
New York state has begun requiring merchants to provide greater transparency about credit card fees. A state law that went into effect Sunday (Feb. 11) limits...
Digital payment platform Balance has unveiled a suite of products that span the B2B transaction lifecycle, from order placement to payment settlement. These artificial intelligence...
The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by...
Consumers have increasingly stopped carrying cash. Businesses are trying to get them to start. As The Wall Street Journal reported Sunday (Oct. 15), merchants are now...
Visa and Mastercard are reportedly preparing to raise the credit card fees paid by merchants. Those increases are scheduled to start in October and April,...
There’s a not-far-off future where plastic credit and debit cards will be less popular with rising consumer groups drawn to instant payments, and that’s OK...
A leading House Republican says President Biden’s proposed credit card fee cap will hurt consumers. Announced by the Consumer Financial Protection Bureau (CFPB) Wednesday (Feb....
Visa and Mastercard have blamed fraud and growing competition for the increase in their cross-border fees since the U.K. left the European Union, a post...