Trump Is Introducing a Cryptocurrency Debit Card
Trump Family Expands Crypto Ventures with New Debit Cards The Trump family is set to broaden their cryptocurrency business, introducing debit cards later this year. This initiative is being led by Crypto Venture World Liberty Financial, with Donald Trump Jr., Eric Trump, and Baron Trump listed as active co-founders. Interestingly, Donald Trump held the title […]
The RBA aims to eliminate surcharges on debit and credit cards, but banks are resisting.
Banks’ Credit Card Fee Increases Looming Credit card fees are on the rise, and banks are warning it might soon get harder to earn rewards. This does make one wonder: are we nearing the end of credit card usage as we know it? And what will become of those loyalty programs? Bank Reaction The Reserve […]
Summer youth job program debit cards linked to $17 million ATM fraud scheme: sources
A debit card issued by NYC for participants in the Summer Youth Program was exploited by a scammer who raked in $17 million within just three days earlier this month, according to sources. This fraud is currently under investigation, with reports indicating that ATMs across the city were targeted for substantial cash withdrawals from July […]
RBA calls for a ban on surcharges for debit and credit card payments
Proposed Changes to Credit Card Fees Highlights Potential Savings Protection Banks argue that eliminating extra credit card charges could save consumers approximately $1.2 billion annually. Starting in July 2026, additional fees for debit and credit card payments via EFTPOS, MasterCard, and Visa will be removed. Additionally, the new RBA proposal suggests that businesses utilizing card […]
Debit or credit: Which card provides more advantages for daily spending?
Choosing Between Debit and Credit Cards Many of us frequently grapple with the choice between using a debit card or a credit card. This decision often hinges on whether you need quick access to funds from your bank account. For Lee Gorman, credit cards hold a distinct advantage for a couple of reasons. “Credit cards […]
I've Always Paid With A Debit Card, But People Say For $20+ A Credit Card Is Better. What's The Real Answer? – 24/7 Wall St.
Personal Finance pormezz / shutterstock.com Published: March 16th, 2025, 1:16pm Flywheel Publishing is affiliated with CardRatings for coverage of credit card products. Flywheel publishing and card rates may receive a fee from the card issuer. Trying to decide on a payment method for something every day can really be a challenge given that you have […]
NYC to end controversial program supplying migrants with prepaid debit cards
Mayor Eric Adams is ending his administration's controversial program that gives immigrants in city shelters prepaid debit cards to pay for groceries. Under the pilot program, asylum seekers sheltered in hotels will be given preloaded Mastercards, and a family of four will receive about $350 a week to cover the cost of groceries and baby […]
NYC ends taxpayer-funded prepaid debit card program for illegal immigrants
New York City is ending a program that provided prepaid debit cards to immigrant families living in sanctuary cities. In a statement obtained by FOX5 New YorkAdams announced the end of the immediate response card pilot program. “Through the Immediate Response Card pilot program, we are reducing food waste, directing millions of dollars into local […]
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets – Yahoo Finance
NEW YORK (AP) — The Justice Department has filed an antitrust lawsuit against Visa, accusing the financial services giant of using its size and dominance to stifle competition in the debit card market, causing billions of dollars in harm to consumers and businesses. According to the complaint filed Tuesday, San Francisco-based Visa penalizes merchants and […]
Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
The Department of Justice on Tuesday filed a lawsuit against credit card company Visa, alleging that the company is illegally maintaining a monopoly on the debit card market. The Justice Department alleges that Visa restricts competition by entering into exclusive agreements with retailers and banks, forcing them to conduct most or all of their transactions […]