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Visa, Mastercard in trouble again? Trump revives Credit Card Competition Act to end ‘swipe fee ripoff’
The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit ...
Shares of the world’s largest payment networks fell after President Trump took to his Truth Social platform early Tuesday ...
WASHINGTON Today, U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) reintroduced ...
With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
Meanwhile, the company continues to send a lot of cash back to shareholders. In fiscal 2025, Visa returned $22.8 billion ...
Tiffany Wendeln Connors was a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is ...
Five years after the Chinese government quashed Ant Group’s plans for what would have been the world’s largest initial public ...
Visa Inc. V has reportedly proposed a $100 million payment to Apple Inc. AAPL to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment ...
Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...
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