debit cards

Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
October 25, 2023  |  Bank Regulation

The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In...

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Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
Vacation Expenses Add to Consumers’ Financial Stress as Holidays Approach
October 20, 2023  |  BNPL

As the holiday season and festivities draw near, consumers, particularly those living paycheck to paycheck, are bracing themselves for the added financial stress that accompanies...

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Remitly and Mastercard Team on Cross-Border Payments and Remittances
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023  |  Payment Methods

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. By integrating Mastercard’s Send and Cross-Border...

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Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
October 19, 2023  |  Regulation

Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in...

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Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

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Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
Consumer ‘Inertia’ Boosts Subscription Firms’ Revenues by 200%
October 09, 2023  |  Subscription Commerce

Set it and forget it has proven to be a massive top line benefit for subscription companies. A recent study by Stanford economists estimated that...

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Stockpile and Green Dot Partner on Debit Cards for Minors
Stockpile and Green Dot Partner on Debit Cards for Minors
October 03, 2023  |  Personal Finance

FinTech Green Dot and investing platform Stockpile have partnered to make investing and personal finance more accessible to consumers of all ages.  The collaboration will introduce...

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Supreme Court to Decide If Swipe Fee Challenge Can Proceed
Supreme Court to Decide If Swipe Fee Challenge Can Proceed
September 29, 2023  |  Legal

The U.S. Supreme Court has reportedly agreed to hear an appeal from a convenience store regarding the timeliness of its lawsuit challenging a Federal Reserve...

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