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The government’s cap on interchange fees has failed to produce savings for consumers. That’s why the Federal Reserve should avoid dictating prices in the private sector.

Agency's apparent refusal to open issue up for discussion is targeted even more than the debate over the frequency of examinations.

The private-equity owners of Worldpay Group Plc decided to pursue an initial public offering in which the U.K. payments processor will raise about 890 million pounds ($1.4 billion), rebuffing a bid by Ingenico Group of France.

Fed Holds Steady on Rates; Regulating Apple and Alibaba

First Horizon National in Memphis, Tenn., has received regulators' approval to acquire TrustAtlantic Financial, after it delayed the closing date.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

After the Oct. 1 EMV liability shift takes effect, the process of handling chargeback disputes could get messy for merchants unfamiliar with the new factors in play.

EMV is being touted as the dawn of a new era in credit card fraud prevention. However, there are doubts it will make a significant difference.

PeerTransfer has grown by specializing in one area: facilitating tuition payments for international students. And now, under a new brand name, it's ready to add a second major (and maybe a third and a fourth).

In a series of internal documents that were reviewed by American Banker, Consumer Financial Protection Bureau officials repeatedly acknowledge its methodology could overcount the potential discrimination by firms, but say they prefer that to the alternative where bias is underestimated.