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BofA CEO Warns 10% Credit Card Cap Will Curb Spending

BofA CEO Warns 10% Credit Card Cap Will Curb Spending
BofA CEO Warns 10% Credit Card Cap Will Curb Spending
January 22, 2026  |  Credit Cards

Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form...

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Consumers Still Love Their Physical Cards Even as Digital Wallet Use Expands
Consumers Still Love Their Physical Cards Even as Digital Wallet Use Expands
January 22, 2026  |  Credit Cards

Watch more: Need to Know: Thales’ Gustavo Menezes Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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BNPL Use Rises as Credit Card Balances Jump
BNPL Use Rises as Credit Card Balances Jump
January 22, 2026  |  Consumer Finance

Household finances are increasingly shaped by credit use, as more consumers carry balances month to month rather than paying off purchases in full. Get the...

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JPMorgan’s Dimon Says 10% Rate Cap Would Hurt 80% of Americans
JPMorgan’s Dimon Says 10% Rate Cap Would Hurt 80% of Americans
January 21, 2026  |  Credit Cards

JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Get the Full Story...

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Citigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
Citigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
January 20, 2026  |  Credit Cards

Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest...

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Visa on How Trust Is Built at the Moment of Authorization
Visa on How Trust Is Built at the Moment of Authorization
January 20, 2026  |  Credit Cards

Trust and security have always underpinned payments, but they have become the decisive factors that determine whether a cardholder continues using a credential or pivots...

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Mastercard Says Embedding Payments Is Key to Commercial Payments Acceptance
Mastercard Says Embedding Payments Is Key to Commercial Payments Acceptance
January 19, 2026  |  Commercial Payments

Watch more: Need to Know: Mastercard’s Marc Pettican Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Visa, Mastercard and Revolut Lose UK Battle Over Interchange Fees
Visa, Mastercard and Revolut Lose UK Battle Over Interchange Fees
January 15, 2026  |  Legal & Regulation

Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. Get the Full Story Complete the form to...

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