Young Americans Willing to Incur Debt for Travel Experiences
With Americans continuing to leave vacation days on the table—especially younger demographics—there’s a rising determination to travel, even if it...
No Reason to Panic Over Mastercard’s Assessment Fees
The Merchants Payment Coalition (MPC) is publicizing documents indicating that Mastercard is increasing its assessment fee as of April 15....
Next Step for Cross-Border Payments: Tokenization
The Federal Reserve Bank of New York, along with six other central banks, will team up with the Bank for...
Canada’s Real-Time Payments Network: When Will It Ever Happen?
Payments Canada has still not found a new CEO to replace Tracey Black, who ran the organization for more than...
Nearly 80% of Americans Have Incurred Credit Card Fees
No one’s a fan of credit card payment fees and that’s evidenced in a recent survey from WalletHub, which revealed that...
Young People Are Deeply Entrenched in Payment Fraud
With the prevalence of online shopping and digital purchases, fraudulent transactions have become commonplace. In the past 18 months, 43%...
AI-Related Fraud Threatens Smaller Institutions
Smaller financial institutions are increasingly vulnerable to artificial intelligence-generated financial fraud, with the gap between them and larger institutions widening....
After Walmart Ditches Capital One, What’s Next?
Walmart has earned the right to end its credit card partnership with Capital One early after the bank failed to fulfill...
Putting the Visa/Mastercard Swipe Fee Settlement into Context
To settle a lawsuit initiated in 2005, Visa and Mastercard have agreed to reduce their credit card interchange fees by...
Online Gaming Is Driving the Gift Card Spend
The next big development for the gift card industry could well be online gaming. While retail and dining continue to...
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