Sales through credit and debit card transactions have contributed to more than $93 trillion in economic activity since 2006, based on data from Nilson.
In the automotive and wholesale industry, managing inventory risk is a critical task for lenders who need to protect their collateral while supporting dealer operations.
Electronic Payments Coalition Executive Chairman Richard Hunt has criticized Senate Judiciary Chairman Dick Durbin for holding a hearing he describes as politically motivated.
Last week, the American Financial Services Association's (AFSA) State Government Affairs released its November white paper focusing on reverse mortgages and the impact of legislation and regulations on consumers.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released a statement regarding the acquisition of a tax-paying bank by a tax-exempt credit union.
The American Financial Services Association (AFSA) closely monitored the legislative elections held across 44 states during the recent general election.
Navy Federal Credit Union has reached an agreement with the Consumer Financial Protection Bureau (CFPB) regarding overdraft fees on personal checking accounts.
Votes are still being counted in some House of Representatives races, but the Senate and Presidential elections have been decided in favor of the Republicans.
The American Fintech Council (AFC) has issued a statement following the 2024 election results, extending congratulations to President-Elect Trump and the newly elected members of Congress.