Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
GOP AG warns credit card companies to comply with new state law banning tracking of gun purchases
Tennessee AG Jonathan Skrmetti is sending a warning to three of the nation’s leading credit card companies concerning their plans to comply with a new Second Amendment law.
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants over swipe fees assessed on customers' transactions.
Meet Disney's newly elected board
Disney CEO Bob Iger will be working closely with his newly elected board, which boasts a handful of current and former Fortune 500 executives and some niche corporate insiders.
How Capital One's acquisition of Discover could impact consumers
Capital One's proposed acquisition of Discover Financial is being met with opposing viewpoints on whether the deal will ultimately help or harm consumers.
Student loan payments may be to blame for a spike in credit card delinquencies
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
New credit card bill targeting Visa-Master card 'duopoly' triggers lobbying onslaught
Lawmakers are pushing legislation that would reform the credit card industry with the purpose of fostering greater competition, prompting widespread outcry from a diverse coalition.
RFK Jr. targets 'financial censorship of political enemies'
Democratic presidential candidate Robert F. Kennedy Jr. promised to protect Americans from "financial censorship" by companies colluding with the government.
Visa, Mastercard, Discover pause work on code that would track gun purchases
Major payment processing companies have paused work on a plan to track when cardholders make purchases at gun stores, dealing a blow to gun-control advocates.
Florida bill would prohibit financial institutions from tracking gun and ammo purchases
The Florida Arms and Ammo Act would prohibit financial institutions and payment processors from separately categorizing gun and ammo purchases in the state.