Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. That cap, proposed earlier this month by...
Watch more: Need to Know: Thales’ Gustavo Menezes Even as digital wallets, instant provisioning and tokenized credentials reshape how consumers pay, physical cards continue to...
Household finances are increasingly shaped by credit use, as more consumers carry balances month to month rather than paying off purchases in full. According to...
JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Speaking at the World...
Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest...
Trust and security have always underpinned payments, but they have become the decisive factors that determine whether a cardholder continues using a credential or pivots...
Watch more: Need to Know: Mastercard’s Marc Pettican Few dynamics in corporate operations are as familiar and unchanging as the B2B acceptance choreography. Buyers negotiate...
Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. The High Court in London ruled Thursday (Jan....
Forget “access denied.” “Payment declined” is Gen Z’s new refrain. Whether it’s at Dollar General, Whole Foods or somewhere in between, most Americans don’t experience...