The CFPB, Penalty Boxes, Highlighting and the Issue with Overdraft Fees
The CFPB wants to have overdraft fees listed in a "penalty fee box" on consumers' checking account statements; it is a waste of government resources....
Author: UniBul
One-upping Google, Facebook Has Become a Payments Platform
Exploiting its monopolistic status as the sole issuer and processor of its virtual currency, Facebook has found a second major revenue source in payment fees....
Barclays Pingit Shows why Dwolla-like Start-ups Stand no Chance
Barclays' Pingit shows why Dwolla's business model of facilitating instantaneous P2P payments stands no chance against what the big banks can offer....
Who Loses from Credit Card Fraud?
US card issuers absorb 59% of bank card fraud losses, 41% belong to the merchants. The fraud rate will decline when we switch to EMV cards next year....
Why Square Is Winning the Mobile Payments War
It is no surprise that Square is winning the mobile payments war. The company has put everything on the table and is hiding nothing underneath it....