According to recent NBC polling, 68 percent of registered voters believe the U.S. economy has spiraled into a recession. As consumers tighten their belts and families look for strategies to rein in ...

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The Credit Card Competition Act may impact your credit card rewards, but it’s uncertain whether it will completely eliminate them. Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Sens. Roger Marshall, a Republican, and Dick Durbin, a ...

At a time when lawmakers struggle with common ground and common sense, recently introduced federal legislation is a breath of fresh air. The Credit Card Competition Act — which enjoys bipartisan ...

An op-ed in the New York Times this month made the odd claim that credit card reward points programs are being paid for by the poor. In the piece, Stanford professor Chenzi Xu and graduate student ...

Credit card companies have come under increasing scrutiny from the federal government, and Congress recently proposed a bill to increase competition in credit card processing networks. The goal is to ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

To lower costs for consumers, the Credit Card Competition Act aims to increase competition in the payment processing industry and decrease interchange fees by banning the safest and largest credit ...

A recent report from the National Retail Federation predicts holiday sales will increase by roughly seven percent this year compared to 2021 — with the proportion of online sales projected to grow by ...

The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents ...