The Biden administration wants to cap what it calls excessive credit card late fees. The White House announced the plan Wednesday (Feb. 1) as part...
So far into 2023, there’s been cautious optimism from payment networks on card spending. Earnings results from Mastercard, Visa, American Express and others show that...
Card issuer Marqeta will acquire card management platform Power Finance in a $275 million deal. “We already see considerable demand for differentiated credit products from...
Visa reported fiscal first quarter results that showed continued strides in new payment flows, including Visa Direct and contactless payments. Payments volume for the three...
Capital One Financial’s latest results show consumers continue to spend, but a modestly worse economic outlook has boosted allowance for credit losses. CEO Richard Fairbank...
The Consumer Financial Protection Bureau (CFPB) is asking consumers and others about their experiences with credit cards. The information is to be used in a...
Card issuer Marqeta has teamed with consulting firm Deloitte to speed payment modernization. The partnership, announced in a press release Monday (Jan. 23), is aimed...
America’s biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers...
U.S. Bank is launching a card for small business “road warriors” with big expenses. The bank will debut the Business Altitude Connect World Elite Mastercard...