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Illinois Limits Interchange Fees

Illinois Limits Interchange Fees

The first-of-its-kind bill bans the collection of interchange fees on taxes and tips
Bank Data Signals an Increasingly Cautious Consumer and Small Business Owner

Bank Data Signals an Increasingly Cautious Consumer and Small Business Owner

Consumer spending on credit cards and debit cards have only grown by 3.5% year over year
CFPB Introduces Rules for Buy Now, Pay Later Lenders

CFPB Introduces Rules for Buy Now, Pay Later Lenders

Consumers have been granted the right to dispute buy now, pay later lenders
Debit Cards Remain Most Popular Payment Method

Debit Cards Remain Most Popular Payment Method

Nearly three-quarters of customers use a debit card at a physical or online point of sale
Banks, Mastercard and Visa Settle Antitrust Case

Banks, Mastercard and Visa Settle Antitrust Case

Almost 20 years ago, United States merchants filed a lawsuit against Mastercard and Visa
Digital Wallets Account for Half of Online Sales

Digital Wallets Account for Half of Online Sales

Digital wallets are forecasted to reach $25 trillion in global transaction value by 2027
One in Five Oppose Fed’s Proposed Changes to Regulation II

One in Five Oppose Fed’s Proposed Changes to Regulation II

An overwhelming majority of consumers are satisfied with the current debit card system
CFPB Finalizes Rule to Cut Late Credit Card Fees

CFPB Finalizes Rule to Cut Late Credit Card Fees

Average late fee charge reduced from $32 to $8
ABA Criticizes Proposed Cut to Debit Card Fees

ABA Criticizes Proposed Cut to Debit Card Fees

President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
Credit Card Debt Numbers Rising According to Bankrate

Credit Card Debt Numbers Rising According to Bankrate

Almost 50% of all credit card holders are carrying credit card debt
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