AmEx’s New Prepaid Card Shows How Issuers Will Fight Debit Fee Limit
A new prepaid card, just introduced by American Express, shows how issuers will fight the 12-cent interchange fee limit on debit card transactions....
Author: UniBul
U.S. Consumer Debt Is Down, but so Are Credit Scores
Even as both credit card and mortgage debt are down in the US, so are consumers' credit scores. There are 5 things you can do to keep your score high....
Americans Spend More on Credit Cards, Pay on Time
Credit card spending in the U.S. grew in May, albeit more slowly than in previous periods, while both charge-offs and delinquencies fell again....
What Every Merchant Needs to Know About Transaction Authorizations
Authorization is the process of approving or declining by a card issuer of a sales transaction involving one of the bank's payment cards....
Senate Hands U.S. Retailers a $16B Win Over Card Issuers
The Senate has voted against delaying the cap on debit card interchange fees, handing retailers a $16B win in their fight against card issuers....