The case alleges Visa, Mastercard and issuing banks kept swipe fees high and limited merchants’ ability to steer customers to cheaper payments. / Credit: Sunti via Shutterstock A US federal court has given preliminary approval to a multibillion-dollar settlement in ...

It covers more than 12 million merchants and is ‘fair, reasonable and adequate’, he says Published Wed, Jun 10, 2026 · 08:32 PM [NEW YORK] A US judge granted preliminary approval to Visa’s and Mastercard’s revised US$38 billion settlement with ...

A recent credit union merger is highlighting how consolidation in the financial services sector can extend beyond operational efficiency, delivering expanded access to banking infrastructure and tailored financial products in historically underserved artistic communities. The merger—between a community-focused credit union ...

The New York Department of Financial Services (NYDFS) has fined Santander Bank $400,000 for issuing misleading loan disclosures, marking another signal from regulators that transparency in consumer lending remains a top enforcement priority. According to NYDFS, the bank failed to ...

Effective July 1, 2026, residents of Ontario can place a digital lock on their credit report as part of identity theft prevention efforts TORONTO, June 11, 2026 (GLOBE NEWSWIRE) -- Equifax® Canada is pleased to announce that in line with ...

The U.S. Treasury refunded approximately $22 billion in previously collected tariffs tied to Trump-era trade policies in May, effectively offsetting the government’s duty collections for the month and highlighting ongoing fiscal and policy reverberations from years-old trade disputes. According to ...

The U.S. Federal Trade Commission (FTC) warned that Americans lost $3.5 billion to imposter scams in 2025, with reported losses nearly tripling since 2020. Imposter scams were also the most reported fraud category last year, accounting for nearly one in ...

The Federal Trade Commission (FTC) has begun distributing more than $3 million in refunds to consumers following enforcement action against a company accused of deceptive and unfair practices, underscoring the agency’s continued focus on consumer redress and marketplace accountability. According ...

A new lawsuit filed by the U.S. Federal Trade Commission (FTC) is a showcase of how hard it’s become to police the app stores for scammy apps. The suit alleges that a company known as Genesis Tech defrauded consumers and ...