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The Canadian payments software company said it expects the operational overhaul to impact 200 workers and result in savings that can be redirected to its priorities
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With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say
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Consumers' credit card delinquencies have risen this year, along with their balances, according to an annual Federal Reserve Board report
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The network is expected to increase some fees it charges for credit card payments, according to a notice referenced during a Senate hearing last week
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The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal
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