Credit

Wal-Mart Stores Inc. sued Visa Inc. for allegedly conspiring to fix credit card transaction fees, according to a complaint filed March 25 in federal court in Fayetteville, Ark., the latest salvo in multi-year litigation fight between retailers and card companies.

TSYS has signed a long-term agreement with Virgin Money to provide payment processing services for the retail bank's consumer credit card business.

Breaking into the ultra-competitive credit card market requires time, money and creative thinking. Wells Fargo is behind on the first and isn't talking about the second, but is hoping that the third can make up the difference.

PayPal is expanding a merchant credit program that uses payments data to vet borrowers and collect loans.

Credit Card penalties—like over-limit and late fees—are constitutional and do not violate consumers' due process rights, the Ninth Circuit U.S. Court of Appeals recently ruled.

American Express Co. is seeking to broaden its customer base by offering its first no-fee credit product that grants holders access to all of the lender’s rewards programs.

CEO Sebastian Siemiatkowski wants his company, Klarna AB, to be the Apple of European payments. That is to say, he is trying to earn a reputation for being "better than the rest in every small detail… of technology and innovation."

Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.

The most loyal and engaged shoppers are the ones who still pick private label cards, a new study says.

High-tech credit cards have often been a tough sell because of their cost and complexity, but two companies are pushing two very different approaches that they hope hold enough appeal to consumers to outweigh the up to $100 fee for the cardholder.

The subprime credit card market, long down for the count, may finally be poised for a comeback.

Corporate payment provider Wex is already laying the groundwork for 2015, when it plans to use the ExxonMobil fleet payments program to jump-start its efforts in the large network of European countries that comes with the new product.

American Express has revamped its Open small business credit card so that the card's rewards can change as the customer's business evolves.

Discover Financial Services rode credit card loan growth in the fourth quarter to earnings of $602 million, an increase of nearly 12% over the same period in 2012.

American Express has escaped serious harm from the recent and massive Target data breach, CFO Jeff Campbell told investors.

If the recent holiday shopping season is any indication, consumers may be setting aside their caution with credit card spending and are back to consuming through debt.

Citi and Barclaycard US will both have a seat at the table after American Airlines and US Airways combine their frequent flier programs and affinity credit cards, but the issuers will have somewhat different roles.

Bitcoin is gaining legitimacy as an alternative to cash and card payments, but for all its popularity, the digital currency has many limitations. Here are a few.

American Express Co. said it's appealing a federal judge's order approving Visa Inc. and MasterCard Inc.'s $5.7 billion settlement that ended years of litigation with U.S. merchants over allegations that credit-card swipe fees are improperly fixed.

Melissa Smith's plans for her first year as Wex's CEO sound a bit like trip around the world, with payment projects in locations as varied as Brazil, Thailand, Canada and Europe.