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Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck Economy 

Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck Economy 
Credit Cards Being Used as Defense vs Inflation in Paycheck-to-Paycheck Economy 
April 18, 2022  |  Economy

For consumers — at least when it comes to confidence that they can handle mounting credit card debt in the face of inflation and even living...

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NRF: Mastercard, Visa Should Cancel Credit Card Swipe Fee Increases
NRF: Mastercard, Visa Should Cancel Credit Card Swipe Fee Increases
April 18, 2022  |  Retail

The National Retail Federation (NRF) has joined bipartisan U.S. lawmakers in calling for Mastercard and Visa to hold off on their planned credit card swipe...

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Hitting Reset on Disputes
Hitting Reset on Disputes
April 18, 2022  |  Opinion

The shift from brick-and-mortar purchases to internet sales changed how consumers and merchants interact and left a growing gap in transaction clarity from when consumers...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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Four Lawmakers Ask Visa, Mastercard to Scrap Plans to Raise Fees to Merchants
Four Lawmakers Ask Visa, Mastercard to Scrap Plans to Raise Fees to Merchants
April 15, 2022  |  Credit Cards

U.S. lawmakers from both major parties, including Sen. Dick Durbin, D-Ill., have asked Visa and Mastercard to drop plans to increase some fees, The Wall...

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JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022  |  Earnings

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including...

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Today in the Connected Economy: Amazon Brings ‘Just Walk Out’ to Houston
Today in the Connected Economy: Amazon Brings ‘Just Walk Out’ to Houston
April 13, 2022  |  Connected Economy

Today in the connected economy, Amazon’s expansion of its Just Walk Out technology continues as it brings the frictionless checkout offering to the Houston Astros’...

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