Credit Card Companies Are Fighting To Keep Their Monopoly And High Fees

Some credit card companies are stifling competition and putting a financial burden on small businesses with high interchange fees, which hardly explains why swipe fee prices have risen, according to the New York Times. I haven't done that. The fees that businesses incur every time a customer makes a purchase using a credit card, known […]
Woman took photos of credit cards while working at Lincoln restaurant, police say – KOLN

LINCOLN, Neb. (COLOGNE) – Authorities have charged a Lincoln woman after authorities found multiple credit card photos on her cell phone, according to court records. Prosecutors charged 30-year-old Jasmine Parker with criminal possession of four or more financial transaction devices and unlawful distribution of a financial transaction device, both Class 2A felonies. According to an […]
Netflix users warned about ‘scare’ scam that could steal credit card information

Netflix and theft. Techsperts is warning Netflix subscribers about an “extremely large” cyber scam in which criminals take over sensitive financial information by sending fake messages. “SMS extortion campaigns targeting Netflix customers are ubiquitous and persistent, but they vary in size and scope,” security firm Bitdefender warned. According to tech site Cybernews. In the latest […]
Trump Is Trying to Take Credit for Biden-Harris Border Success

Democratic strategist Maria Cardona said Thursday on CNN's “This Morning” that President-elect Donald Trump is trying to take credit for the Biden-Harris administration's success in stopping illegal crossings at the U.S.-Mexico border. He claimed that there was. Host Jim Acosta said: “Donald Trump is currently having a public interaction with the President of Mexico across […]
Ex-Knick Quentin Grimes gives credit to Tom Thibodeau

DALLAS — Quentin Grimes could have claimed revenge was his motivation Wednesday night after a rocky end to his Knicks career, but he instead praised Tom Thibodeau's performance. “Credit to Thibs,” Grimes said after the Mavericks defeated the Knicks 129-114. “I feel like he gave me a lot of difficult challenges early on in my […]
Credit Suisse conviction in 2022 cocaine cash laundering case is overturned

Switzerland's highest court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to stop money laundering by a Bulgarian cocaine trafficking ring, overturning a 2022 conviction. The Federal Criminal Court's original decision was seen as a test for bank prosecutions. A former employee of the bank was found guilty of money laundering, and […]
Gavin Newsom’s Proposed California EV Credit Would Exclude Elon Musk’s Tesla

California Governor Gavin Newsom's (D) proposal to offer rebates to electric car buyers if President Donald Trump eliminates federal subsidies for EVs would exclude Elon Musk's Tesla from the program. That will happen. bloomberg report In a move that could increase tensions between California Gov. Gavin Newsom (D) and Elon Musk, Tesla electric vehicles will […]
Gavin Newsom threatens intervention if Trump kills Biden’s $7.5K EV tax credit

Gov. Gavin Newsom is already making plans to push back against President-elect Donald Trump's policies that derail the current administration's green energy push. president joe biden President Trump implemented tax credits of up to $7,500 to encourage purchases of environmentally friendly cars, but Trump plans to eliminate the tax credits when he takes office, officials […]
5 Credit Card Rules You Must Follow To Stay Out of Debt – AOL

Abdullah Durmaz / iStock.com While you can get relief with a credit card, emergencyYou don't want to end up in debt due to improper usage, as high interest rates can make repayments difficult. Find: Do student loans affect your credit? Read next: Why skipping your financial advisor can be your biggest money mistake Americans' credit […]
Lawmakers take swipe at credit card transaction fees – WLWT Cincinnati
Since it's the holiday shopping season, credit card usage is likely to increase. And every time you swipe, you incur transaction fees. The fee is often paid by the retailer and may be passed on to the customer. A group of lawmakers is aiming to lower these transaction fees. Retailers currently pay about 2% to […]