Large card issuers began banning cryptocurrency purchases on their cards in February. But fintechs are allowing consumers to purchase and invest in digital currencies, and they say the risk is minimal.
Visa Inc. and Mastercard Inc. are close to settling a lawsuit over fees paid when merchants accept card payments, the Wall Street Journal reported Thursday, citing people familiar with the matter.
American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected.
Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services.
With a foray into financial services, Amazon.com could disrupt the decades-old card payments system, a move that some say could save the retailer $250 million a year in swipe fees.
Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."
