Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international transactions.
London-based fintech had been at forefront of providing an alternative to high charges for cross-border interchange fees ...
The president’s recent demand that credit card companies reduce their interest rates to ten percent for 2026, as well as his ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank ...
Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...
Retail Insight Network on MSN

Why US retailers want new swipe fee legislation

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his decision to back a long-gestating bill targeting fees paid by retailers on ...
Credit card rewards have long felt like free money, a way to shave a little off the grocery bill or fund a vacation just by ...
A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank ...