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NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing

NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing
NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing
April 28, 2024  |  Retail

The National Retail Federation (NRF) on Friday (April 26) asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over swipe...

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44% of Consumers Need Multiple Prompts for Card-Linked Offers
44% of Consumers Need Multiple Prompts for Card-Linked Offers
April 26, 2024  |  Consumer Insights

Card-linked offers — those special promotions designed to encourage consumers to use their credit and debit cards at specific locations or for specific items —...

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Capital One CEO Calls Discover Deal ‘Singular Opportunity’
Capital One CEO Calls Discover Deal ‘Singular Opportunity’
April 25, 2024  |  Earnings

Capital One’s first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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CFPB Head Wary of Big Credit Card Mergers
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024  |  Credit Cards

America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Get the Full Story Complete the form to unlock this article...

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Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
April 23, 2024  |  VISA

Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards. Get...

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Young Consumers Turn to Credit to Manage Spending
Young Consumers Turn to Credit to Manage Spending
April 23, 2024  |  Personal Finance

While most consumers use credit to purchase products or services because of the rewards they can get for doing so, PYMNTS Intelligence reveals, younger shoppers are the only...

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