Banker op-ed: Durbin-Marshall credit card bill will hurt small businesses
A proposed bill that would allow merchants to control how banks process credit card transactions would be a pain for ...
Tag: Credit cards
Op-ed: Durbin-Marshall credit card plan would hurt local banks, consumers
Legislation in Congress giving merchants broad say over which credit card routing networks they use puts consumers’ financial information at ...
ABA report: Credit card market continued to normalize in Q1 2022
Consumers continued to manage their credit well in the first quarter of 2022, a sign of continued U.S. consumer strength ...
Credit card spending wanes as alternative payment options grow
Consumers have reduced the proportion of purchases they charge to credit cards over the past year as their financial stress ...
ABA, financial trade groups oppose Durbin expansion bill in letter to Congress
ABA joined a broad coalition of state bankers associations and credit union associations in a strongly worded letter sent Friday ...
Trade groups: Removing late fee ‘safe harbor’ could harm consumers
Late fees for financial products, when charged appropriately, incentivize timely payment and good financial management, ABA and three other financial ...
Fed Survey: Business Leading Standards Tighten, Demand Grows Stronger
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer ...
ABA leads opposition to ‘deeply flawed’ effort to expand Durbin routing provisions to credit cards
ABA joined with eight other financial services trade groups in united opposition to a bill introduced today by Sens. Roger ...
J.D. Power: Debit, credit card use still outpacing alternative payment methods
Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent ...
ABA, groups seek longer comment period for ‘unexpected’ CFPB card fee ANPR
The American Bankers Association and several other trade groups last week requested a 60-day extension to the comment period for ...
