12 Aug 22 @ 13:55

When Apple launched its Apple Card credit card in 2019, it was touted as a gamechanger, with the usual levels of simplicity and transparency that users expect from Apple products. Behind the... read more

21 Apr 22 @ 11:51

The Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against TransUnion, two of its subsidiaries, and longtime executive John Danaher for violating a 2017 law enforcement order. The order... read more

05 Mar 20 @ 16:46

At first glance, the credit card market looks healthy. In 2018, the average return on assets (ROA) for credit card issuers was 3.8%, more than twice the average ROA of... read more

09 Sep 16 @ 12:35

Wells Fargo has been taken to task by the US consumer finance watchdog’s largest ever fine after the regulator found staff racing to meet sales targets illicitly opened millions of... read more

26 Oct 15 @ 16:44

The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time... read more

22 Apr 14 @ 17:10

Facebook is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange money. The company’s plans are not yet clear, but regulators are rightly... read more

19 Feb 14 @ 14:22

US banks could follow JP Morgan’s lead and get out of the US pre-paid market if proposed new regulatory oversight materialises, leaving the way open for the likes of American... read more

07 Jan 13 @ 00:00

Payments has traditionally ranked among the most dynamic industries in the world, and 2012 was no exception.  The year was marked by new technologies, new entrants, new regulations, and in... read more