Higher Credit Card Rates at Big Banks Are Not the End of the Story
Credit card interest rates are consistently higher at large banks than at small banks and credit unions, regardless of the...
India Stops Some B2B Payments, and Many Ask Why
The Reserve Bank of India’s directive to Visa and Mastercard to halt all card-based business-to-business payments in the country has begun raising...
With Fraud Losses Topping $10 Billion, the FTC Fights Back
The Federal Trade Commission released data showing that consumers lost more than $10 billion to fraud in 2023. This represents a...
Credit Unions Emerging from Disappointing Holiday Season
Credit cards issued by credit unions underperformed this past holiday season, showing gains that clocked in at a lower level...
Retailers Confronting New Credit Card Surcharge Rule in New York
Merchants in New York now face a choice: full disclosure of credit card surcharges or eliminating those fees altogether, following...
As BNPL Grows in the UK, So Do Problems for Its Users
Buy now, pay later options are increasingly popular in the United Kingdom, expected to reach $60 billion by 2029. But...
Delinquencies Continue to Trouble Credit Card Industry
The rise in credit card delinquencies experienced in 2023 could extend into this year, with a particular threat to smaller...
“Brex for Churches”: A Push to Make Charitable Payments Frictionless
Is philanthropic giving the next frontier for payments? A pastor in California has raised $20 million for Overflow, a payments...
Vast Bank Exits the Crypto Deposit Business After Regulatory Concerns
Vast Bank, the first United States banking institution to let customers buy, sell, and hold cryptocurrencies, has left the crypto...
Mastercard to Introduce EV Payment Standards with Last Mile
Mastercard is partnering with Last Mile Solutions to establish new payment standards for the electric vehicle (EV) charging industry across Europe. The...
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