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February 29, 2024

On the web

February 28, 2024

On the web

February 27, 2024

On the web

February 26, 2024

On the web

Credit Card Interest Rate Margins at All-time High

Consumer Financial Protection Bureau

"In 2022 alone, major credit card companies charged over $105 billion in interest, the primary cost of credit cards to consumers. While the effects of increases to the target federal funds rate have received considerable attention, the average APR margin (the difference between the average APR and the prime rate) has reached an all-time high."

February 22, 2024

Top Post

On the web

February 20, 2024

On the web

February 16, 2024

On the wires

UATP Receives Patent Approval for Innovative New Payment Technology

PR Newswire

"UATP, the global payment network that enables organizations to simplify payment processes to expand their payment capabilities, has received approval from the US Patent and Trademark Office for patented Enhanced Intermediate Server technology enabling all travel agency transactions which are currently submitted in batch form to be submitted to acquirers individually instead."

February 15, 2024

On the web

February 14, 2024

On the wires

February 13, 2024

On the web

On the wires

February 12, 2024

Top Post

February 9, 2024

On the web

Despite Ubiquity, Credit and Debit Card Processing Drags Down Small Business Satisfaction with Merchant Services Providers

J.D. Power

"There are 94% of merchants that now accept debit or credit cards; 88% that accept digital wallet; and 54% that accept Buy Now, Pay Later (BNPL) payment methods. However, when it comes to small business satisfaction with those services, scores are lowest among merchants for processing widely accepted payment types such as credit and debit card transactions and are highest for processing less widely accepted payment types like BNPL."

On the wires

February 8, 2024

Top Post

On the web

Why Hasn’t the US Fully Embraced the Digital Dollar?

Tearsheet

"While many countries worldwide are exploring the potential of Central Bank Digital Currency (CBDC), China continues to expand its e-CNY in the market...For its part, the US Federal Reserve is conducting research and strategic planning regarding the potential implementation of CBDCs."

February 7, 2024

On the web

February 6, 2024

On the web

Changing The Tune On Tokenization

Global Finance Magazine

For years, tokenization was just a finance-sector buzzword, but lately, more companies are making it a reality by weaving it into their corporate finance strategies (i.e., smart contracts, stablecoins and tokenized US Treasury bills).

February 1, 2024

On the web

PSD3 Tries to Keep Pace With Open Banking Expansion

The Banker

"The adoption of the third iteration of the Payment Services Directive may be seen in 2025, which — among other changes — looks to improve the framework for open banking, a market which is expected to continue growing exponentially and exceed $31bn in 2024, up from $24.67bn in 2023."

January 31, 2024

On the wires

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