Even after the rally, American Express trades at a lower price-to-earnings multiple than the pure networks Visa and ...
Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.
Visa and Mastercard on Tuesday reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers. The antitrust ...
The Australian Bankers' Association has defended the record gap between the Reserve Bank of Australia's cash rate and credit card interest rates, blaming it on increased uncertainty and volatility in ...