The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...
For merchants, reliant upon consumer spending — and credit as a way to enable that spending — the warning signals are flashing. The Fed’s latest...
Consumers’ total outstanding credit leapt by $19.5 billion in January. Revolving credit accounted for $8.4 billion of the increase, while nonrevolving credit made up the...
The U.S. Chamber of Commerce filed a lawsuit against the Consumer Financial Protection Bureau, aiming to stop the agency from implementing its new rule to limit credit card...
The Consumer Financial Protection Bureau finalized a rule this week slashing what it labeled “excessive credit card late fees,” reducing the penalty card issuers can charge from the typical...
Allianz Trade, a provider of trade credit insurance, has launched a comprehensive payment solution designed for B2B eCommerce. The new “Allianz Trade pay” aims to...
PayJunction added credit card surcharge capabilities to its No-code Payments Integration platform. With the addition, independent software vendors (ISVs), developers and merchants can add credit card surcharging to...
America’s consumer protection watchdog finalized a rule lowering credit card late fees. In a statement issued Tuesday (March 5), Consumer Financial Protection Bureau Director Rohit Chopra said the rule...
Call it a form of fixed pricing in the banking industry. Financial services are joining the ranks of segments, such as pharma, where there are...