NEW YORK -- Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuer...

If you've got less than a hundred grand in the bank, JPMorgan Chase is just not that into you. At a presentation to investors this week, JPMorgan e...

In keeping with the new Durbin-inspired trend of candor and brevity, Bank of America CEO Brian Moynihan justified the new fee by saying, "we have the right to make a profit." Translation: I think they need the dough.

The Federal Reserve today issued the final rules on the Durbin Amendment, and it's an ultimate win for retailers, although I predict some battles to c...

It's unfortunate that some community bankers have gotten caught up on the wrong side of this battle, but the bottom line couldn't be clearer. Swipe fee regulation is a straightforward fight between Main Street and Wall Street.

Whenever I bring up the predatory bank practices that keep people stuck in debt, usually the first push back I get is that credit cards can be useful. But this argument misses the point.

When all is said and done, credit unions and banks will have spent millions on what appears to be a major security failure caused by Sony's inability to protect its consumer data.

In a post a few days back, I observed that the big Wall Street banks were in for a fall because they had become so arrogant in their power and wealth....

Another bank is ending its debit rewards program. Wells Fargo says it will stop enrolling new customers in its debit card rewards program as of April ...

JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with kn...

The ideologues who want no check whatsoever on the power of big business have declared war on the middle class. But these attacks on the things we hold dear are putting the "movement" back in the labor movement.

A rule change being considered by the Federal Reserve Board could have a big effect on banking services -- and on whether low-income Americans are able to access those services.

The coming changes to the debit card interchange rules, esoteric though they may be, are going to have real and negative consequences that will unfortunately hit consumers directly in the pocketbook.

The proposed cap is not a good first step. It will surely ignite an endless debate by less-than-candid incumbents about why the chosen number is wrong.

NEW YORK — A proposed cap on the fees that banks charge for debit card transactions would substantially reduce the cost for businesses. But it's...

WASHINGTON -- Striking at a lucrative bank business, the Senate on Thursday voted to force credit card companies to reduce fees for debit card transac...

All four major credit card companies -- Visa, MasterCard, American Express and Discover -- have waived or rebated their processing fees on donations ...