Category Archives: greed

Visa Outlines Plan to Recoup Revenue After Durbin

The card brands won’t let a little thing like Federal Legislation stand in the way of profit. A 40% gain wasn’t enough for them. Continue reading

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New Visa credit card processing fees

Visa recently announced several new fees impacting merchant credit card processing costs. Continue reading

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Visa Pushes More Fraud Toward E-commerce

Visa is piloting two more fraud prevention ideas. As usual, they are aimed at the brick and mortar stores where fraud loss is covered by the issuers. E-commerce is getting shafted again. Continue reading

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Chris Dodd: The Moment for Credit Card Reform

This certainly affects cardholders more than merchants but it’s worth taking a look at. We’re cardholders too. Chris Dodd: The Moment for Credit Card Reform:

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Credit card crackdown too late?

We have some pending regulations that are good and bad compliments of the Office of Thrift Supervision, the Federal Reserve, and the National Credit Union Administration. Continue reading

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