Administration Proposes Lower Credit Card Fees

Late fees would be capped at $8.  The Consumer Financial Protection Bureau is proposing an update to the 2009 regulation from the Credit Card Accountability Responsibility and Disclosure…

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FTC Finds Mastercard Violated Durbin Amendment

Order submitted to stop the company’s block of competing processing networks. The Federal Trade Commission (FTC) has found Mastercard’s online business practices to be a violation of the…

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