The card company also disclosed during its latest earnings report that a pricing issue affected merchants and merchant acquirers, some of whom will get refunds
Buy now, pay later platforms, artificial intelligence and other developments “if left unchecked, could increase consumers' exposure to fraud and manipulation,” the regulators said Monday
The CEO of the private label card issuer expects a final rule on the CFPB's proposed credit card late fee cap later this year, and litigation could follow, he said
While there was a drought of venture capital for payments startups and other fintechs in the first half of the year, industry reports spot potential for new flows in the second half
