When a consumer turns to a BNPL product at the point of sale, it represents one more transaction that may have otherwise gone on a credit card and generated interchange revenue for a credit card ...

Senators Jeff Merkley (D-OR), Jack Reed (D-RI), Elizabeth Warren (D-MA), and Sheldon Whitehouse (D-RI) introduced a bill, the ...

About 40% of cardholders have used virtual card numbers in the last six months, mainly to pay for online purchases and ...

But this constant ratcheting up of ultra-luxe benefits isn’t sustainable. The challenge is twofold: First, extremely affluent consumers are a relatively small slice of the societal pie. If you are ...

When a bank shuts down, surviving banks can face increased costs. The banks that the Federal Deposit Insurance Corporation (FDIC) provides insurance to are responsible for paying quarterly premiums to ...

A U.S. District Court Judge based in Chicago’s Northern District validated the key elements of a new law passed by Illinois ...

The fight over interchange in Illinois took a turn this week when a U.S. District Court Judge ruled in favor of the state’s move to ban swipe fees on taxes and tips. Merchant groups came out in ...

Brittney is a Credit Strategist and Finance Expert who has spent years honing her knowledge of the credit industry both personally and professionally. Brittney applies her more than a decade of ...

Linsey Knerl is a finance author and public speaker with a passion for helping everyday families earn more and live better. Her work can be seen in Investopedia, PC Mag, The Christian Science Monitor, ...