Tag Archives: Showcased

Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act. The decision, which comes after more than a year of legal wrangling, means the IFPA will go into effect July 1, …

Fiserv’s chief executive early Tuesday told Wall Street not to look for immediate improvement following a sub-par year in 2025. “Our headline results are below our expectations and will remain that way until mid-year,” chief executive Michael Lyons told equity analysts at the top of a group call with equity …

PayPal Holdings Inc. early Tuesday announced it has appointed board chairman Enrique Lores president and chief executive, replacing Alex Chriss. Lores moves into his new position after more than six years as CEO at HP Inc. The company also reported December-quarter results in the face of a steep drop in …

Plans to attach an amended version of the Credit Card Competition Act to a cryptocurrency-infrastructure bill were shelved Thursday, effectively leaving two versions of the bill floating around Congress. The CCCA was amended late last week to include a provision that called for enforcement of the CCCA under antitrust law, …

The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …

Online shoppers spent a record $257.8 billion from Nov. 1 through Dec. 31, a 6.8% increase from the same period in 2024, according to Adobe Analytics. Over the same period, daily e-commerce spending totaled or surpassed $4 billion on 25 days, compared to 18 in 2024. Cyber Week, the five …