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July 1, 2008 Archives

Dan Ray

Under pressure, Visa amends debit rules

Dan Ray |  July 1, 2008 | Research, regulation, industry reports
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The transaction processing giant, under pressure from federal and state regulators, dropped a rule that treated PIN-based purchases differently from signature-based debit buys. It means more consumers will zip through drugstore lines.
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Jeremy Simon

Fitch Ratings: credit card picture will worsen

Jeremy Simon |  July 1, 2008 | Research, regulation, industry reports
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Now is a bad time to be a credit card issuer and times are only going to get tougher, according to Fitch Ratings.
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