Victoria Finkle

Credit unions offer the lowest interest rates for rewards-based or platinum credit cards, according to a new analysis by SNL Financial.

The National Grocers Association has joined other retailers including Wal-Mart (WMT) and Target (TGT) in voicing opposition to a recent agreement between merchants, Visa (NYSE:V) and MasterCard (MA) and a number of large banks over credit card swipe fees.

The revolving door continues to spin at prepaid company Green Dot (GDOT) following two more high-profile exits.

Visa's international business is taking on increasing importance as the card network adapts to legal and regulatory threats at home.

Visa (NYSE: V) swung to a loss of $1.8 billion in the third quarter, as it paid its portion of a $6 billion settlement agreement with retailers that was announced earlier this month.

The card giant will devote more than a quarter of its marketing budget this fiscal year to its sponsorship of the London games and related activities and company officials insist it is worth every penny.

An analysis from Keefe, Bruyette & Woods concludes that many more retailers would need to withdraw from the settlement with Visa and MasterCard to trigger a termination clause.

A bipartisan bill that would permit regulators to grant federal charters to nonbank consumer lenders is being met with fierce resistance — particularly from regulators themselves.

As banks try to raise revenue and improve their reputations, they are shaking up their relationships with the "mad men" of Wall Street, testing out new advertising to help refurbish their brands.

Dr. Daniel Vasella, chairman of multinational pharmaceutical company Novartis, has been named to the board of directors at American Express (AXP).

American Express is downplaying concerns over the impact of a proposed settlement in a longstanding retailers' lawsuit against Visa and MasterCard.

Its second-quarter earnings were noisy, but the McLean, Va., company appears poised for a comeback in the second half of 2012.

Stricter state regulation of payday lenders slows use of the loans and doesn't drive borrowers online or out of state, says the Pew Charitable Trusts in a new report.

American Express' (AXP) profits rose slightly in the second quarter on higher consumer spending, the company said after the markets closed Wednesday.

The majority of likely voters, regardless of party affiliation, support the Dodd-Frank financial reform law and the Consumer Financial Protection Bureau, according to a poll organized by consumer advocates.

The bank has bought back its card portfolio and now it is rolling out six new credit cards designed to appeal to its existing customers.

PNC Bank is rolling out a reloadable prepaid card in an effort to capture its share of consumers who do not have traditional bank accounts.

The luxury retailer Neiman Marcus is now accepting the Discover (DFS) credit card at is 42 namesake stores and its Bergdorf Goodman stores in New York.

The credit card industry's proposed deal to settle long-pending retailer lawsuits set insiders chattering, divided over how much each side won and lost in the deal.

Visa, MasterCard and the largest banks have announced a proposed multi-billion dollar settlement with U.S. retailers in a longstanding lawsuit over swipe fees charged by the networks.