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42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
42% of Low-Income, Younger Consumers Use Debit Cards When Grocery Shopping
May 31, 2024  |  Consumer Payments

A wide variety of consumers across income levels and ages are showing a preference for paying for purchases with cash and debit cards, likely in...

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Ivalua and Visa Partner to Embed Corporate Cards Into Purchasing
Ivalua and Visa Partner to Embed Corporate Cards Into Purchasing
May 30, 2024  |  Partnerships

Ivalua and Visa have partnered to enable businesses to embed their corporate cards into any purchasing activity and gain “total control” over any pre-approved spend....

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J.P. Morgan Adds Fractional Shares Capability to Self-Directed Investing Experience
J.P. Morgan Adds Fractional Shares Capability to Self-Directed Investing Experience
May 30, 2024  |  Banking

J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. One...

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Mastercard Opens Center to Combat Cybercrime in Europe
Mastercard Opens Center to Combat Cybercrime in Europe
May 30, 2024  |  Fraud Prevention

Mastercard has unveiled a center in Europe aimed at tackling cyber crime in the region. The Europe Cyber Resilience Center (ECRC), announced Thursday (May 30),...

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Mastercard and Visa Pay $197 Million to Settle ATM Suit
Mastercard and Visa Pay $197 Million to Settle ATM Suit
May 30, 2024  |  Legal

Visa and Mastercard will pay $197 million to end a class action suit centered on ATM fees. According to court papers filed Wednesday (May 29),...

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CFPB Late Fee Lawsuit Moved Back to DC Court
CFPB Late Fee Lawsuit Moved Back to DC Court
May 29, 2024  |  Legal

This round of jurisdictional ping pong goes to the CFPB. A federal judge in Texas has bounced a lawsuit challenging the consumer protection agency’s credit...

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Spending Management Is Top of Mind for ‘Zillennial’ Shoppers
Spending Management Is Top of Mind for ‘Zillennial’ Shoppers
May 28, 2024  |  Consumer Insights

For zillennials — the bridge generation between millennials and Generation Z, born between 1991 and 1999 — budgeting is a key priority when making decisions...

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Capital One and Walmart End Exclusive Credit Card Agreement
Capital One and Walmart End Exclusive Credit Card Agreement
May 24, 2024  |  News

Capital One will no longer be the exclusive issuer of Walmart Consumer Credit Cards. The two companies announced Friday (May 24) in a joint press release that they ended their agreement....

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Debit Fee Cap Proposal Comment Period Floods Fed Website
Debit Fee Cap Proposal Comment Period Floods Fed Website
May 23, 2024  |  Bank Regulation

The Federal Reserve’s proposal to lower debit interchange fee caps has drawn a flurry of responses — roughly 2,500 responses, in fact — from trade...

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