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Latest posts

Last updated about 2 hours ago

The Fed's manipulation of debit card interchange fees must stop

about 2 hours ago

The Federal Reserve's new proposal to lower the cap on debit card...

Insurance deal too rich for Trustmark to pass up, CEO says

about 17 hours ago

The Jackson, Mississippi, company will use proceeds from the sale of its...

Synchrony hikes interest rates on credit cards to offset late-fee rule

about 17 hours ago

The store-branded card issuer is raising annual percentage rates and adding fees...

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

about 18 hours ago

At the banks' annual meetings, shareholders at both companies struck down proposals...

Why are Republicans trying to nullify bank rules? Blame the coming election.

about 19 hours ago

Congressional Review Act resolutions are ramping up ahead of the 2024 election...

Stripe unbundles payment processing from its other offerings

about 20 hours ago

The payment processing firm said that companies will no longer be locked...

Sharing fraud data is hard. Two industry efforts aim to make it easier.

about 21 hours ago

The ABA is testing an information-exchange network to allow banks to share...

GOP lawmakers demand SBA revoke Funding Circle's 7(a) license

about 21 hours ago

Republicans on the House and Senate Small Business committees are accusing the...

Visa card spending remains strong, despite a slowdown in Asia

about 23 hours ago

Strong consumer spending and cross-border activity drove an 8% increase in Visa's...

Mastercard using open banking to spot fraud, EU warms to Apple Pay policy

1 day ago

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access...

Politicians should stop playing culture war politics with public funds

1 day ago

An anti-ESG crusade in Texas exposes the degree to which conservative hype...

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

1 day ago

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III...