When consumers believe card issuers or creditors have violated the law, they should take action. Part of the reason the CFPB ...
In 2024, some 62 million Americans experienced credit or debit card fraud. And unauthorized purchases made with fraudulently ...
Many large events, including concerts, no longer accept cash payments from attendees. Though cashless transactions have ...
Senior citizens are frequently the target of financial scams. According to a recent FBI report on elder fraud, the agency’s ...
The move, announced by Citi CEO Jane Fraser in January, is garnering attention just as many companies are calling their ...
Credit card debt to subprime consumers carries a high risk for the credit card issuers because they are unsecured loans to ...
The No Buy 2025 Trend Could Force Card Issuers to Shift Strategies in the Name of Protecting Revenue
The trend could enable cardholders to pay down credit card balances, which have risen in recent years. Merchants and credit ...
Payments industry insiders, inspirational business leaders, and a former astronaut will all be in attendance at Smarter ...
Visa is preparing to offer account-to-account (A2A) payment services in 2025. The company plans to rollout its A2A platform ...
Passing along card processing costs to customers may seem like the perfect solution for merchants struggling to maintain ...
Note the word independent. That is where things get problematic. Because the CFPB is independent, it doesn’t rely on Congress ...
Eric Bank is an M.B.A. who has covered financial and business topics since 1985, appearing regularly on Credible, eHow, WiseBread, The Nest, Zacks, Chron, BadCredit.org and dozens of other outlets.
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