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The bill to regulate payment stablecoins moves closer to approval without amendment to include Credit Card Competition Act
The Fed’s report found credit card fraud to be the most common, affecting 17% of fraud victims
The act would cut revenue for community banks and credit unions, according to the report
CFPB withdraws $8 credit card late fee cap after ruling it exceeded the agency’s authority
With 91% valuing reward programs, 63% would be disappointed to lose them to regulation
Only slightly more than half of Americans have more emergency savings than credit card debt
Nearly half of credit card debtors cite emergency expenses as primary cause
TD Bank's Annual Survey polled 2,000+ U.S. consumers regarding their money management habits
To afford their holiday purchases, 72% of shoppers will make financial trade-offs while only 31% intend to use a credit card
Business clients should be able to transfer funds to overseas accounts within 30 minutes
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