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Visa, Mastercard $38B swipe fee settlement wins judge’s approval
A judge granted preliminary approval to Visa's and Mastercard's revised $38 billion settlement with merchants who accused them of charging too much to process payments on their credit cards.
Visa, Mastercard reach $38B swipe fee settlement, draw opposition
Visa and Mastercard proposed an antitrust settlement to lower swipe fees after a judge rejected a deal; retail groups say it’s inadequate.
Glen Burnie bank launches credit card issuing program
The Bank of Glen Burnie has partnered with CorServ to launch a credit card program for its commercial, business and consumer customers.
Visa, Mastercard delay deadline for chip-card upgrade of gas pumps
Visa Inc. and Mastercard Inc. pushed back the deadline for installing chip-card readers in U.S. gasoline pumps after station owners complained they didn’t have enough time to complete the multibillion-dollar […]
Retailers with data breaches slow to adopt chip card readers
Experiencing a data breach doesn’t seem to be enough to scare about 43 percent of U.S. retailers into getting chip card readers in their store, a survey by CardHub found. […]
WMATA: Metro fare machine credit card problem fixed
WASHINGTON — Metro says a problem that kept riders from using credit and debit cards at fare machines for hours has been resolved. On Monday morning, Metro tweeted that some […]
Nearly 1,000 have signed up for NASA FCU’s Star Trek cards
Almost 1,000 people signed up for Upper Marlboro-based NASA Federal Credit Union’s Star Trek-branded credit cards before they became available, according to the credit union. The credit cards, which are […]
Poll shows few in US have received credit cards with chips
Even as an Oct. 1 deadline approaches to replace Americans’ out-of-date credit cards with new cards embedded with computer chips, the vast majority of Americans still have not received their […]
Highly logical: NASA Federal Credit Union to offer Star Trek cards
Star Trek fans can take advantage of a highly logical pairing between Upper Marlboro-based NASA Federal Credit Union and CBS Consumer Products. The credit union will offer a series of […]
U.S. consumer borrowing rises at slower pace
Consumers increased their borrowing at a slower pace in May compared to the prior month.
Audit: Inappropriate charges made to state cards
An audit has found that four Maryland workers used state-issued credit cards to buy $255,000 of inappropriate items in recent years.
Target hit harder than previous big retail data breach
The hit to TJX Cos. was minimal after it disclosed in 2007 a massive data breach of customer information at its T.J. Maxx, Marshalls and HomeGoods stores.
