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 ...
The Credit Card Competition Act (CCCA), put forward by Senators Durbin and Marshall, is a step toward trying to fix a growing problem in the U.S. payments system. When you use a credit card, the ...
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 ...
There’s been a lot in the news about Congress and the potential impact on your credit card rewards. But what’s going on, and what does it mean for you? After the so-called Credit Card Competition has ...
At a time of cost-consciousness, some light is finally beginning to shine on a previously lesser-known factor that hikes prices on all goods that Americans purchase: swipe fees. And legislation in ...
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 ...
Reducing the amount of money that supports the interchange system could have serious consequences for consumers, says Mary Beth Spuck. Cheng Song Tse / Getty Images/iStockphoto If you’re like most ...
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 ...