When a consumer turns to a BNPL product at the point of sale, it represents one more transaction that may have otherwise gone on a credit card and generated interchange revenue for a credit card ...

Senators Jeff Merkley (D-OR), Jack Reed (D-RI), Elizabeth Warren (D-MA), and Sheldon Whitehouse (D-RI) introduced a bill, the ...

About 40% of cardholders have used virtual card numbers in the last six months, mainly to pay for online purchases and ...

Visa and Mastercard made up almost two-thirds of card transactions in the eurozone in 2022, according to the European Central ...

But this constant ratcheting up of ultra-luxe benefits isn’t sustainable. The challenge is twofold: First, extremely affluent consumers are a relatively small slice of the societal pie. If you are ...

When a bank shuts down, surviving banks can face increased costs. The banks that the Federal Deposit Insurance Corporation (FDIC) provides insurance to are responsible for paying quarterly premiums to ...

Now a new opportunity to curry favor has opened up: Trump accounts, which offer the prospect of savings for newborns, seeded ...

Legislation including the CARD Act of 2009 and Dodd Frank in 2010 piled on by increasing regulatory controls. Dodd Frank ...

A new Senate bill from four Democratic Senators would allow individual states to cap the interest rates on credit cards and ...

A U.S. District Court Judge based in Chicago’s Northern District validated the key elements of a new law passed by Illinois ...

Exactly how successful Citi will be in meeting Fraser’s vision of making the card a clear favorite remains to be seen, but ...

JPMorgan Chase and The Walt Disney Company are bringing a new credit card to market that appeals to the interests of Disney ...