General Motors has announced an overhaul of its GM Rewards loyalty program and introduced the new GM Rewards Mastercard, issued by Barclays US Consumer Bank.
Electronic Payments Coalition Executive Chairman Richard Hunt has issued a statement in response to Senator Roger Marshall's (R-KS) introduction of the Durbin-Marshall Credit Card Mandates as an amendment to the GENIUS Act.
Digital customer engagement is becoming essential in financial services, with customer portals playing a significant role in consumer interactions for activities such as making payments and managing account details.
Anthony Lamorena, Senior Federal Affairs Manager at the R Street Institute, said that savings from interchange fees under the Credit Card Competition Act (CCCA) are unlikely to benefit consumers.
Indraneel Chakraborty, a Professor of Finance at the Miami Herbert Business School, University of Miami, said that the Credit Card Competition Act would significantly impact small credit card issuers by reducing their already thin profit margins.
SoFi Technologies, Inc. has announced a new partnership with country music artist Kelsea Ballerini and the nonprofit organization tnAchieves to launch the Rising Stars Program.
This week, the American Financial Services Association (AFSA) responded to a Request for Information on Deregulation issued by the Office of Management and Budget (OMB).
Bank of America has announced an enhancement in cash back rewards for new cardholders of its Customized Cash Rewards and Unlimited Cash Rewards credit cards.
A recent study from the University of Miami's School of Finance has analyzed the potential impact of proposed mandates in the Durbin Marshall Credit Card Bill and similar state-level interchange legislation.
Nolan Moran, Director of Sales and Partner Management at DataOceans, emphasized the importance of implementing a modern self-service portal for lenders.
Navy Federal Credit Union has announced the expansion of its Permanent Change of Station (PCS) Initiative, aimed at supporting Active Duty Servicemembers and their families during relocations.