Will Overdraft Fees be Outlawed in the Era of COVID-19?
New Jersey Sen. Cory Booker and Ohio Sen. Sherrod Brown of the Senate Banking Committee introduced legislation to prevent financial ...
Tag: Fees
Explore the latest news and insights on fees in payments and banking, examining trends, regulations, and strategies for managing and optimizing costs in financial transactions.
Confused About Fees in the Payments Industry? BHMI is here to Help.
Fees are the heartbeat of the payments industry. When money moves between different people and across various networks, fees are ...
Superbowl LIV: Watch for San Francisco, Kansas City, and Discover
A moment of diversion from payments before the February 2 game. With the cost of a 30-second commercial at $5.6 ...
Man Bites Dog: Will Retailers Have a Say in Credit Card Reward Programs?
Here is an interesting read from Bloomberg that explains how retailers might push back on premium or elite reward cards. ...
Walmart Changing Its Fees For Online Grocery Delivery
Walmart is reportedly beginning a membership fee system for its grocery delivery service. The mega-retailer joins other grocers is offering ...
In the Competitive Digital Only Banking Market, Discover Eliminates Account Fees
Digital only bank accounts are plentiful and new providers are entering the marketplace all the time. Just last week there ...
What Percent of Consumers Don’t Pay Fees For A Checking Account?
Is It A: 59% Is It B: 61% Or Is It C: 66% According to a recent Mercator Advisory Group ...
New Overdraft Rules May Be in the (Debit) Cards
Last week, Senators Cory Booker (D-NJ) and Sherrod Brown (D-OH) introduced a bill that will significantly curtail the overdraft income ...
Credit Card Fees: Hiding in Plain Sight
It never made sense to me that regulators, seeking to reduce merchant fees everywhere from Australia to Venezuela, looked only ...
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