April 03, 2024
Mastercard to Increase Credit Card Fees Despite Recent $30 Billion...

Mastercard Inc. has announced plans to hike certain credit card fees starting April 15, just days after the company, alongside Visa Inc., reached a $30 billion settlement over swipe fees. Bloomberg...

April 03, 2024
Messaging Platform Telegram Pivots to Crypto Payments for Ads 

Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as well as a tool for scammers,...

April 03, 2024
Visa Adds Subscription Manager to Digital Enablement Suite for Issuers

Visa launched a new Subscription Manager service that financial institutions can provide to Visa cardholders. The new service provides a single place where consumers can see where their card details are...

April 02, 2024
US and Great Britain Forge AI Safety Pact

The U.S. and U.K. have pledged to work together on safe AI development. The agreement, inked on Monday (April 1) by U.S. Commerce Secretary Gina Raimondo and U.K. Technology Secretary Michelle Donelan, will see...

April 02, 2024
Cannabis Businesses Find Themselves Cut Off From Banking System

More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with the same problem as drug...

April 01, 2024
Card Delinquencies, Pressure on Account Openings Signal Rocky Road for...

Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up for all manner of enterprises....

March 29, 2024
Mastercard, Visa Settlement Could Impact Rewards Small Businesses Value

This week, Mastercard and Visa reached a multi-billion dollar settlement that may bring an end to 20-year legal battle between the two financial giants and merchants. Merchants have long complained that...

March 27, 2024
Credit Card Rewards Under Threat as Visa, Mastercard Settlement Impacts...

Global payment giants Visa and Mastercard have reached a significant antitrust settlement with US retailers. This agreement, announced on Tuesday, March 26, is poised to have far-reaching consequences, potentially reshaping...

March 27, 2024
Real Estate Commissions: Some Insights from the Economics of Multi-Sided...

The real estate industry has long been scrutinized by regulatory agencies for various practices. Recent investigations and lawsuits have focused on the structure of real estate commissions in which a...