Payment methods

Mom-and-pop shops left holding bag in consumer card disputes

06/12/20

Payments processors are keeping a portion of payments as a reserve against potential disputes between cardholders and merchants. Small-business owners say the practice is eating into their profits.

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New York City moves to ban cashless stores

01/23/20

The city would join San Francisco and Philadelphia among cities that prohibit stores and restaurants from only accepting electronic payments.

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Will Q4 bank earnings surprise?; Credit cards rule payments world

01/11/19

Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.

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How credit card issuers can help curb gun violence

01/08/19

Issuers should take seriously critics’ claims they need to more closely monitor the sale of guns, before policymakers force the issue.

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Most Powerful Women in Finance: No. 6, Discover's Diane Offereins

09/25/17

Diane Offereins manages relationships with 1,000 merchants and 3,300 financial institutions.

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Judge dismisses CFPB lawsuit against payment processors

08/25/17

A federal judge sanctioned the Consumer Financial Protection Bureau on Friday by dismissing a massive lawsuit against several payment processors, saying the agency demonstrated a "willful disregard" for court rules.

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Worldpay/Vantiv deal analyzed; AIG hires a COO

07/06/17

The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.

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Swift exec Marjan Delatinne defects to Ripple

04/12/17

The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.

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