02 January 2023 Fiserv CEO lands pay raise in new contract The payments company renewed Frank Bisignano's contract for another five years and gave him a 6% base salary increase
20 December 2022 Card Competition Act skids toward 2023 With the bill unlikely to be passed by Congress this week, supporters of the Credit Card Competition Act are turning their attention to next year
20 December 2022 Job cuts piled up in payments this year Payments companies chopped jobs as they confronted challenges posed by inflation and stagnating e-commerce growth
15 December 2022 Consumer credit metrics slip further Discover Financial Services and Synchrony Financial this week each reported increases in delinquencies and charge-offs
15 December 2022 Convenience store chain adds ACH option for fuel payments The upgrade adds the ability to pay for fuel at the pump, and using ACH allows the convenience store chain to save on swipe fees
15 December 2022 FIS to review business under shareholder pressure The payments processor is undertaking a comprehensive review of operations after two shareholders pressed the company to increase shareholder value
14 December 2022 CFPB faces Republican reckoning in next Congress “Next month there will be a new majority in the House of Representatives — I think you'll wish you tried harder to play by the rules,” Rep