The case alleges Visa, Mastercard and issuing banks kept swipe fees high and limited merchants’ ability to steer customers to cheaper payments. / Credit: Sunti via Shutterstock A US federal court has given preliminary approval to a multibillion-dollar settlement in ...

Capital One is moving quickly to redefine its credit card strategy following its acquisition of Discover Financial Services, signaling a broader shift in network control, underwriting approach, and risk management that could ripple across the credit and collections industry. The ...

BENGALURU, India – June 16, 2026 – FICO (NYSE: FICO) Global analytics software leader FICO (NYSE:FICO) has announced that Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, has been named one of the winners ...

Tripadvisor’s decision to divest TheFork to American Express for $700 million underscores a broader shift in platform strategy, capital allocation, and payments-driven ecosystem consolidation. Tripadvisor Agrees to Sell TheFork to American Express for $700 Million Tripadvisor announced it has entered ...

A recent credit union merger is highlighting how consolidation in the financial services sector can extend beyond operational efficiency, delivering expanded access to banking infrastructure and tailored financial products in historically underserved artistic communities. The merger—between a community-focused credit union ...

In one of the most significant artificial intelligence infrastructure rollouts at this year’s Money20/20 Europe conference, global information services giant Experian has launched the Experian Agent Operating System™ (AOS). Unveiled on the Horizon Stage in Amsterdam, the platform arrives as ...

The U.S. government has ordered Anthropic to suspend access to its advanced AI models Fable 5 and Mythos 5 for all foreign nationals, prompting the company to shut down both models globally while it seeks to resolve national security concerns ...

Bank regulators in the United States and globally are intensifying their oversight of artificial intelligence (AI) in lending and underwriting, signaling a shift toward more aggressive supervision of automated decision-making tools that directly impact consumers’ access to credit. In recent ...

By Hank Russell A recent study found that, despite high prices and high taxes, New Yorkers are not that far behind in debt as residents in other states seem to be. According to WalletHub, New York ranks 32nd among other ...