Debit cards

The Consumer Financial Protection Bureau is facing renewed pressure by consumer groups and think tanks to move forward with a plan that would rein in overdraft programs.

The Federal Reserve and Federal Trade Commission investigated Visa for debit practices, a move that enhances competition in the marketplace for merchants.

President-elect Donald Trump recognizes that full repeal of the Dodd-Frank Act is unlikely, though he supports a House effort to make significant changes, according to a former banker who was on the shortlist to be Treasury secretary.

Payments processor and technology provider Total System Services Inc. has begun a long-term agreement to provide debit transaction processing for Virgin Money customers in the U.K.

India’s war on cash has at least two likely victors: Visa Inc. and Mastercard Inc.

Visa Inc. has clarified its position on EMV debit card routing to address growing concern among merchants that the card brand's rules were forcing those transactions onto the Visa network rather than allowing merchants to choose among less expensive options.

Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

The clocks turn back this weekend, giving most Americans an extra hour to cash in on sleep. But new research finds they tend to spend less money with fewer hours of daily sunlight.