Are Travel Loyalty Programs at Risk?
A new agreement by Visa and Mastercard to reduce fees charged to merchants may drain the lucrative rewards that grant free travel to many credit card users.
Posted inAntitrust Laws and Competition Issues Banking and Financial Institutions internal-storyline-no MasterCard Inc Regulation and Deregulation of Industry Shopping and Retail Visa Inc
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.
Posted inAntitrust Laws and Competition Issues Banking and Financial Institutions Capital One Financial Corporation Credit Cards Discover Financial Services internal-storyline-no MasterCard Inc Mergers, Acquisitions and Divestitures Visa Inc
How Washington May Approach the Capital One-Discover Deal
Regulators have been tough on big financial mergers, though there are nuances in Capital One’s $35.3 billion takeover bid for Discover.
Posted inBarbie (Doll) Christmas Consumer Behavior Coronavirus (2019-nCoV) Discount Selling Dolls E-Commerce Holidays and Special Occasions Inflation (Economics) Labor and Jobs MasterCard Inc National Retail Federation Prices (Fares, Fees and Rates) Shopping and Retail Toys United States United States Economy
Holiday Spending Increased, Defying Fears of a Decline
While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.