
Visa, Mastercard Deal May Change How You Use Rewards Cards
A new settlement between Visa, Mastercard, and merchants could allow stores to reject high-reward credit cards or add surcharges, potentially changing your checkout experience.

Priya offers a unique perspective on financial innovation and regulatory changes affecting the credit industry. Her work often delves into the strategic decisions of major financial institutions and their market impact.
Portfolio

A new settlement between Visa, Mastercard, and merchants could allow stores to reject high-reward credit cards or add surcharges, potentially changing your checkout experience.

A new legal settlement between Visa, Mastercard, and merchants could allow stores to decline high-fee rewards credit cards, changing how consumers pay.

Visa and Mastercard are nearing a landmark settlement to end a 20-year legal battle with merchants over credit card swipe fees and acceptance rules.

Share trading for five Islamic banks in Bangladesh has been suspended following a central bank declaration of non-viability, initiating a major merger process.

Bilt has announced a new lineup of credit cards launching in February 2026, which will for the first time allow members to earn rewards points on mortgage payments.

Capital One and T-Mobile have partnered to launch a new no-annual-fee Visa card that restores the popular $5 per-line AutoPay discount for T-Mobile customers.

Lenders in the private credit market are quietly adding stricter legal protections to new loans, signaling growing anxiety about the future economic landscape.

Wireless carrier T-Mobile is launching its first credit card through a partnership with Capital One, offering no annual fees and rewards for its customers.

Mastercard reports a 15% rise in Q3 2025 net revenue, driven by a 22% surge in value-added services and strong global consumer spending.

The CFPB is rewriting its open banking rule, sparking a fierce debate among consumers, banks, and fintech firms over data access fees and security.

Cigna's stock fell over 17% despite reporting a 10% rise in Q3 revenue. Investor concern is focused on future profit pressure from new contracts and a shift to a rebate-free drug model.

Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.

Banco Santander has reported a record net profit of €3.50 billion for the third quarter, marking its sixth consecutive quarter of record earnings, largely due to strong performance in the U.S.

HSBC's CFO Pam Kaur warns of risks from counterparties exposed to private credit losses, despite the bank lifting its full-year profit guidance. Third-quarter profits fell 14% to $7.3 billion, impacte

The ninth Future Investment Initiative in Riyadh is drawing global leaders, with a major focus on technology, AI, and innovation, leading to significant project announcements and international partner

Evolve Bank & Trust faces financial challenges and regulatory scrutiny but remains committed to banking-as-a-service under new CEO Bob Hartheimer, aiming for a 2026 turnaround.

Huntington Bank has agreed to acquire Cadence Bank for $7.4 billion, a deal that expands its operations into 21 states across the South and Texas.

Healthcare providers across the U.S. are set to receive payments from a $2.8 billion Blue Cross Blue Shield settlement. The claim deadline is July 29, 2025.

JPMorgan Chase & Co. is reportedly planning to allow institutional clients to use Bitcoin and Ethereum as loan collateral, integrating digital assets into Wall Street's credit systems by late 2025.

JPMorgan Chase has launched 'Business Blueprint,' a new AI-powered platform designed to provide small and medium-sized businesses with advanced financial tools.