debit cards

Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
October 31, 2023  |  Loyalty & Rewards

The fight over the Credit Card Competition Act (CCCA) has taken to the skies. This week, Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., who...

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Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
October 25, 2023  |  Bank Regulation

The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In...

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Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
October 20, 2023  |  BNPL

As the holiday season and festivities draw near, consumers, particularly those living paycheck to paycheck, are bracing themselves for the added financial stress that accompanies...

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Remitly and Mastercard Team on Cross-Border Payments and Remittances
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023  |  Payment Methods

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. By integrating Mastercard’s Send and Cross-Border...

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Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
October 19, 2023  |  Regulation

Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in...

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Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

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Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
October 09, 2023  |  Subscription Commerce

Set it and forget it has proven to be a massive top line benefit for subscription companies. A recent study by Stanford economists estimated that...

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Stockpile and Green Dot Partner on Debit Cards for Minors
Stockpile and Green Dot Partner on Debit Cards for Minors
October 03, 2023  |  Personal Finance

FinTech Green Dot and investing platform Stockpile have partnered to make investing and personal finance more accessible to consumers of all ages.  The collaboration will introduce...

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