Jason Stverak, Chief Advocacy Officer for the Defense Credit Union Council (DCUC), expressed concerns that the Credit Card Competition Act could compromise cybersecurity by channeling transactions through unvetted, foreign-controlled networks.
Anthony Lamorena, a fellow for the R Street Institute, said the Credit Card Competition Act is based on a flawed premise that understates competition in the credit card network market.
Chris Merritt, a business owner at Merritt Roofing LLC, expressed concerns that the Credit Card Competition Act would benefit large corporations while negatively impacting small businesses like his.
JPMorganChase has announced the expansion of its affluent banking services with the opening of 14 new J.P. Morgan Financial Centers across California, Florida, Massachusetts, and New York.
Auto finance portals are not meeting customer expectations, with only 2% of industry websites and mobile apps providing a valuable digital experience, according to a recent study.
The Federal Reserve, along with a coalition of bank and business groups, has requested a pause in litigation concerning the Federal Reserve’s stress testing framework.
Bank of America Corporation has announced its decision to redeem all CHF 375,000,000 principal amount outstanding of its 0.2525% Senior Notes on June 12, 2025.
AFSA member companies reported a generally positive assessment of business conditions in the first quarter of 2025, according to the AFSA's Q1 Consumer Credit Conditions Index Survey (C3 Survey).
Corporate mega-stores are reportedly advocating for new mandates on Americans' credit cards, which some argue could lead to significant profits for large retailers while transferring costs and risks to consumers, small businesses, and community...
Phil Goldfeder, CEO of the American Fintech Council (AFC), has expressed his congratulations to Armen Meyer on his recent appointment as Senior Deputy Commissioner at the California Department of Financial Protection and Innovation (DFPI).
Leading financial organizations have collectively urged the Senate to reject a proposed amendment to the GENIUS Act, which would impose government price controls on credit cards.
The American Bankers Association and other financial trade groups have voiced strong opposition to the Durbin-Marshall credit card mandate being attached as an amendment to the GENIUS Act.
Venture X cardholders have been treated to a series of exclusive events celebrating the 50th season of Saturday Night Live and offering unique dining and entertainment experiences.