Inside the secret fees grabbing millions a month from our MTA fares
Private companies are taking a substantial cut of every single subway swipe, bus ride, Metro-North ticket or LIRR pass — ...
CardRates.com18h
Banking Groups Slam the Credit Card Competition Act, Warning of Harmful Consequences
The letter from the banking groups calls attention to the fact that although merchants may save money from increased ...
India’s digital payments boom: Visa’s Rishi Chhabra on contactless innovation, trust, and financial inclusion
Chhabra discusses what’s fuelling India’s contactless boom, how Visa is embedding security into every transaction, and why ...
CNBCTV187h
Explained | Merchant Discount Rate charges: How this may affect you
Government may reintroduce Merchant Discount Rate (MDR) charges for large merchants to support payment service providers and ...
Digital Transactions19h
‘Debit With Benefits’ Debuts As Spire Launches Its Pay by Bank Service
What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., ...
60% of Americans carry a credit card balance — as interest rates top 20%, Fed report finds
Most credit cards have a variable rate, which means there's a direct connection to the Federal Reserve's benchmark. And yet, ...
‘The cost of doing business’: Bills at the Capitol target credit card swipe fees
Swipe fees vary by industry, but they all add up fast. restaurants, retailers, and even airlines lose 1.5 to 3.5 percent on ...
Inside Credit One Bank—And How Two Men Made Billions Exploiting People With Bad Credit
Here’s the exclusive story of how Credit One's owners Ben Navarro and his elusive Wall Street partner became ...
TMCnet14h
Discover® Recognized as 2025 CIO 100 Award Winner for Risk Reduction Model Using Generative AI
Discover was selected as a 2025 CIO 100 award winner for its generative artificial intelligence (GenAI) solution that helps customer care agents classify when, where and how to contact customers based ...