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...

March 27, 2024
Class Action Lawsuit Accuses American Express of Overcharging Merchants

American Express finds itself embroiled in a legal battle as a proposed class action lawsuit, filed in Rhode Island federal court, alleges the company of overcharging thousands of US merchants...

March 26, 2024
Card Networks’ $30 Billion Interchange Settlement Kicks Open Merchant Surcharge...

The simple math on the swipe fee agreement reached by Visa and Mastercard announced Tuesday (March 26) indicates that consumers may not feel much impact at all, at the register,...

March 26, 2024
Mastercard and Worldpay Partner to Prevent Merchant Chargebacks

Mastercard and Worldpay are teaming to help merchants settle transaction disputes faster and reduce chargebacks. Chargebacks — refund requests sparked by customers disputing transactions — are a growing issue, Mastercard said in a Tuesday...

March 26, 2024
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability

As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an initial public offering next year...