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Durbin amendment author says card brands are trying to 'get even'

Payments Source

went after Visa and Mastercard during an antitrust hearing Thursday in Washington, suggesting the card brands have likely been looking for a way to increase fees and offset previous legal or regulatory pressure on their pricing structures. Dick Durbin, D-Ill.,

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Washington, Banks & AI: Here’s How to Get Ready for More Scrutiny

The Financial Brand

This article Washington, Banks & AI: Here’s How to Get Ready for More Scrutiny appeared first on The Financial Brand. This article Washington, Banks & AI: Here’s How to Get Ready for More Scrutiny appeared first on The Financial Brand.

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Washington Watch: 5 Issues Bankers Should Monitor in 2024

The Financial Brand

This article Washington Watch: 5 Issues Bankers Should Monitor in 2024 appeared first on The Financial Brand. This article Washington Watch: 5 Issues Bankers Should Monitor in 2024 appeared first on The Financial Brand.

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Today In Retail: Amazon Grows Palm Biometrics In Washington State; Toyota, Lexus Take Control Of Online Buying Platforms

PYMNTS

In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. Plus, fashion-based small and medium-sized businesses (SMBs) are getting a new marketplace option. Amazon Expands Palm Biometrics In Seattle .

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Subscription Brands Grow By Cutting Frictions From Cross-Border Commerce

PYMNTS

Subscription brands, for example, are looking good. The Washington Post has seen its global subscriptions increase by 60 percent since 2019, for example. Life goes on regardless, and some businesses are actually doing okay in the year of COVID.

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Fashion Brand Marine Layer Tries New Business Line As Airbnb Landlords

PYMNTS

Known primarily for a laid-back, soft-spun California beachy chic, the fashion brand Marine Layer is trying their hand at a new expansion in retail as Airbnb landlords. Those apartments will be found above the brand’s New Orleans outpost. Those apartments will be found above the brand’s New Orleans outpost.

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How DTC Bike Brands Match Riders With The Perfect Fit

PYMNTS

In the age of direct-to-consumer (DTC) brands, however, digital innovators are taking a new approach to bike shopping. It’s all emanating from this brand-new bike,” Engelstein said. The company sponsors the Western Washington University cycling team.). Buying a bike can be a time-consuming and confusing task for a consumer.

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