Regulators are considering halving the proposed new requirements after reviewing public comments.
It also includes features to minimize checkout friction as Google Pay tries to streamline the experience
The regulator wants to improve cost transparency, setting up another regulatory battle for the networks
As banks retreat from commercial real estate exposure, opportunistic financial firms are buying up their loans—banking on the industry’s turnaround.
Middleware providers are adjusting their scope and services to meet a narrowing demand as the industry reacts.
As consumers made more payments than ever in 2023, new trends are emerging
The court’s decision will also likely help the agency as it ramps up other regulatory efforts in areas like open banking and AI
A flurry of product and services launches will help Visa stay competitive and diversify away from swipe fee revenues
The network is betting on the long-term future of the technology in financial services and wants an early-mover advantage as it grows
Their customers are angry about critical product disruptions and could look elsewhere for banking services.
Today’s podcast episode of The Banking & Payments Show explores the future role ATMs will play in retail media. Host Rob Rubin is also joined by Stuart Mackinnon, COO of NCR Atleos, to discuss why ATM networks continue to grow despite the surge in options for cashless purchasing. We also discuss how advertisers on the Chase Media Solutions platform can use purchase history data to target ads on Chase’s digital platforms. Listen today!
But co-brand card adoption is still limited because consumers don’t understand co-brands' value proposition
But issuers shouldn’t stop preparations for the cap—regulators won’t back down anytime soon
Despite some signs of improvement, recent Fed data suggests a credit card recovery is still a ways off