Finance News
What an Acquirer Does Between a Swipe and Settlement
The acquiring bank routes the authorization, absorbs the merchant's risk, batches the day's sales, and funds the merchant's account — usually minus fees.
September 17, 2026
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Latest News
Payments
What Interchange Fees Actually Are — and Who Ends Up Paying Them
Interchange is the fee a merchant's bank pays the cardholder's bank on every card transaction, and it is set by the networks, not negotiated by the store on the…
August 28, 2026
Banking
Banking Transformation Summit USA 2026 Maps Five Themes for Charlotte
The November 9–10 agenda in Charlotte reads as a checklist of what bank executives say they cannot solve alone: AI, core modernization, trust, customer…
September 13, 2026
Payments
Payments
How Regulation II Caps Debit Interchange Fees at 21 Cents
The Federal Reserve's Regulation II limits what banks with $10 billion or more in assets can charge merchants per debit swipe, and the gap between covered and…
August 20, 2026
Payments
Credit Card Competition Act Returns in 2026 With Presidential Backing
The Credit Card Competition Act of 2026, introduced January 13, would require the largest banks to enable a second credit routing network; it remains in Senate…
July 23, 2026
Payments
How Dunning Keeps Subscriptions Alive When Cards Fail
Payment failures account for 29 percent of subscription churn per Churnkey's benchmarks, and recovery runs on retry timing, card account updaters and…
June 30, 2026
Banking
Banking
Federal Reserve Lifts FedNow's Transaction Cap to $10 Million
The Federal Reserve raised the per-transaction ceiling on its FedNow instant payment rail tenfold, effective January 1, 2026, clearing the way for larger…
August 10, 2026
Banking
How Overdraft Fees Work and What Changed Since Banks Cut Them
The average overdraft fee still runs about 27 dollars per transaction, per Bankrate's checking survey, even after four major banks eliminated the fee entirely.
July 27, 2026
Innovation
Innovation
What Regulation E Requires Banks To Do After an Unauthorized Transfer
Federal rules cap most consumer liability at $50 and give financial institutions a 10-business-day clock to investigate, with narrow exceptions stretching to 45…
August 21, 2026
Innovation
Network Tokenization Explained: How Visa and Mastercard Replace Card Numbers
Card networks now route most card-on-file and mobile transactions through a substitute number called a network token, and issuers say the swap measurably cuts…
August 17, 2026
Fintech News
Fintech News
How Chargebacks Work — and What Merchants Can Actually Contest
A chargeback reverses a card sale at the issuer's hand before the merchant hears about it, and the merchant's only recourse is evidence, not argument.
August 26, 2026
Fintech News
How a Card Chargeback Moves From Dispute to Final Decision
A chargeback pulls funds back from a merchant's account before any human at the business sees a complaint, and the clock the merchant is racing starts the…
August 18, 2026
Finance News
Finance News
CFPB's Regulation E Gives Banks a 10-to-45-Day Error Clock
Under 12 CFR 1005.11, a financial institution has 10 business days to investigate a disputed electronic transfer, or must provisionally credit the account and…
August 23, 2026
Finance News
Federal Reserve Caps Debit Interchange At 21 Cents Plus Fraud Fee
Regulation II limits what large debit card issuers can collect on a swipe to a formula set in 2011 that the Fed proposed lowering in 2023 but has not changed in…
August 12, 2026
Don't Miss
Innovation
How Open Banking Consent Flows Secure Customer Data Access
Open banking consent runs on OAuth 2.0 scopes and token lifetimes: customers pick data categories at their bank, apps receive short-lived access tokens, and the…
May 11, 2026
Fintech News
Treasury Proposes State-Regime Test as GENIUS Act Stablecoin Rules Take Shape
Treasury's April 3, 2026 proposed rule on substantially similar state regimes joins four open GENIUS Act dockets across the OCC, FDIC and NCUA, all pointing at…
April 9, 2026
Banking
Wire vs ACH vs RTP: What Each Payment Rail Costs Banks
Federal Reserve fee schedules price a FedNow instant credit at 4.5 cents per transfer, while Fedwire Funds per-item fees run roughly 16 to 53 cents depending on…
January 26, 2026
Payments
What Card Decline Codes Tell Merchants About Failed Payments
Issuer response codes such as 05, 14, 51 and 57 each carry a different operational instruction for merchants, from retry timing to card-on-file hygiene.
January 22, 2026