Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.

President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his decision to back a long-gestating bill targeting fees paid by retailers on ...

The risk of swiping your credit card still remains high. Stay vigilant in protecting your information if you use your card at ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...

Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed into one of the most profitable financial systems on earth. The money does ...

Prices continue to rise on everything from food to electricity, putting enormous strain on families who have sought relief ...

Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise ...

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...

Credit card fraud has become a constant and pervasive threat, and debit cards aren't immune to being stolen either. The Federal Trade Commission reported 66,090 instances of credit card fraud in 2020.