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Discover’s Pulse Network Settles Antitrust Suit Against Visa
Discover’s Pulse Network Settles Antitrust Suit Against Visa
June 16, 2024  |  ANTITRUST

Discover’s Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market,...

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Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses
Wells Fargo and Rent-Rewards Card Bilt Deny Troubles Despite Reported $10M in Monthly Losses
June 16, 2024  |  Credit Cards

Wells Fargo and Bilt are denying reports that their co-branded credit card relationship is in trouble. The banking giant teamed with the FinTech startup in...

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Former Visa CEO Carl Pascarella Talks the Future of Credit
Former Visa CEO Carl Pascarella Talks the Future of Credit
June 14, 2024  |  Loans

When it comes to financial technology and payments modernization, there’s nothing like a seasoned veteran of the business for some perspective. Carl Pascarella, former CEO...

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Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement
Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement
June 13, 2024  |  Legal

Credit card swipe fee litigation that has been fought for two decades is reportedly likely to remain unresolved for some time longer. A federal judge...

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Foreign Card Use Brings US Dollars Back to Venezuela
Foreign Card Use Brings US Dollars Back to Venezuela
June 13, 2024  |  International

Foreign credit card transactions are reportedly bringing more foreign currency into inflation-plagued Venezuela. That’s according to a report Thursday (June 13) by Reuters, citing four public sector...

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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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35% of Lower Income-Earning Consumers Unaware of Card-Linked Offers
35% of Lower Income-Earning Consumers Unaware of Card-Linked Offers
June 11, 2024  |  Consumer Insights

Card-linked offers — the coupon-like incentive programs that reward credit and debit card holders for using their cards — are highly popular with consumers who...

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Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
Consumers May Dig Into Savings as Long-Term Inflation Expectations Creep Up
June 10, 2024  |  Consumer Insights

Through scores of reports on the paycheck-to-paycheck economy, PYMNTS Intelligence has found that there’s a commonality across income levels and demographics:  Most of our collective...

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Making Sense of the Cost of Cash for Businesses
Making Sense of the Cost of Cash for Businesses
June 07, 2024  |  News

Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with...

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