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Erie Federal Credit Union Taps PSCU for Card Processing Services
Erie Federal Credit Union Taps PSCU for Card Processing Services
February 20, 2024  |  Credit Unions

Erie Federal Credit Union (Erie FCU) has completed its conversion to having PSCU/Co-op Solutions provide debit and credit card processing services and support. Erie FCU formalized its...

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CFPB Takes Aim at Consumer Credit Card Rates 
CFPB Takes Aim at Consumer Credit Card Rates 
February 16, 2024  |  Credit Cards

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...

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Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
February 14, 2024  |  Credit Cards

Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India...

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Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
February 14, 2024  |  B2B Payments

Mastercard and the Bank of Punjab (BOP) have expanded their two-decade-long partnership to cover the commercial segment in Pakistan. This expanded partnership will include solutions...

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Will NY’s New Limits Herald the End of Credit Card Surcharges?
Will NY’s New Limits Herald the End of Credit Card Surcharges?
February 12, 2024  |  Credit Cards

State by state, limit by limit, the age of credit card surcharges may be drawing to an end. And while much depends on various legal...

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New York Imposes New Limits on Credit Card Surcharges
New York Imposes New Limits on Credit Card Surcharges
February 11, 2024  |  Credit Cards

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...

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B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
February 07, 2024  |  B2B Payments

Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation....

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Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
Only 5% of Direct-to-Bank-Account Payouts Arrive in or Near Real Time
February 07, 2024  |  Faster Payments

In today’s fast-paced world, consumers expect quick and seamless payment experiences. This means that when they receive payouts, they want them to be processed and...

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Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
February 06, 2024  |  Consumer Finance

The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...

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