Joseph Stiglitz and Keith Leffler estimated that halting the “upward spiral” of swipe fees could save merchants $38bn by 2031.

Read full article: ‘Mean-spirited’: Councilman says he won’t support bill that would ban city funds for services to undocumented immigrants Costco 1-Year Gold Star Membership + $20 Digital Costco Shop ...

Customers at major U.S. banks including Bank of America and Wells Fargo continued to experience delays with their direct deposits on Tuesday, following a glitch with processing payments that began ...

May 15 (Reuters) - Bank of America Corp and Wells Fargo & Co said they will create a joint venture to become the largest U.S. processor of so-called automated clearinghouse payments. The venture will ...

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the diversified banks industry, ...

Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards, and opening fake accounts, all of which are violations of ...

SAN FRANCISCO (AP) — A processing glitch in the network that processes electronic transfers between nearly all U.S. bank accounts led to delays in settling deposits, some of which remain stalled, ...