LowCards.com Weekly Credit Card Update–February 15, 2013
N.J. Calls Off Credit Card Pitches to Students at Public Colleges Companies that issue credit cards can no longer market them to students at New Jersey public colleges under a law Gov. Christie signed...
View ArticleLowCards.com Weekly Credit Card Update–April 12, 2013
Analysts See Steady Credit Card Use, Despite Fears of Consumer Cutbacks Analysts expect upcoming earnings from American Express, Visa and other large credit card companies to show that shoppers...
View ArticleEU Launches Antitrust Probe of MasterCard Fees
The European Commission has begun an investigation regarding the fees MasterCard charges consumers for card transactions made while visiting Europe. According to the BBC, the European Commission, the...
View ArticleLowCards.com Weekly Credit Card Update–April 19, 2013
ATM Fees on the Rise Using an ATM outside of your bank's network is becoming more expensive. The average fee a bank charged a non-customer for using their ATM in 2012 was $2.10, a 20 percent increase...
View ArticleLowCards.com Weekly Credit Card Update–July 19, 2013
Wells Fargo Eyes a Credit Card Push Wells Fargo has the most retail banking branches in the country, and makes the most mortgages, small business loans, commercial real estate loans and auto loans, but...
View ArticleEU Puts Limit on Interchange Fees
Retailers doing business within the European Union may not have to worry about high interchange fees any longer. Yesterday, the European Commission recommended that these fees be capped at 0.2% for...
View ArticleLowCards.com Weekly Credit Card Update–July 26, 2013
New Ruling on Credit Card Regulations Could Mean Big Changes at the Cash Register in Canada A ruling expected this week on a complaint against Visa and MasterCard could significantly change how...
View ArticleOverhaul Expected with EU Mobile Payment Regulations
The EU may soon be getting new mobile payment laws. The European Commission has not released specifics of the regulations, but they are expected to take place in the spring of 2015. Nilixa Devlukia, a...
View ArticleMost Organizations Ill-Prepared for Global Security Risks and Regulations
Only 9% of companies are ready for the European Union’s Global Data Protection Regulation (GDPR), and more than half (59%) do not even know how to start, according to research from Experian and Ponemon...
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Visa and Mastercard Agree to Cap Merchant Fees for European Tourists
Visa and Mastercard agreed to cap the fees charged on card payments made by tourists in the European Union in an effort to avoid fines and investigations. The European Commission says the current fee...
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