Stax

DECEMBER 2, 2024

In 2024 alone, more than a dozen state legislatures introduced bills related to surcharging and consumer fees generally. Several new laws seek to ban “drip pricing” or “junk fees,” and their uncertain meaning has resulted in confusion among merchants and acquirers. The Minnesota law will go into effect on January 1, 2025.

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Evolve Payment

DECEMBER 12, 2024

Many argue that this dominance has created a duopoly, limiting competition and driving up merchant fees. SMBs and consumers alike are significantly impacted by these junk fees that unnecessarily drive up costs. What Is the Credit Card Competition Act?

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Fintech Finance

JANUARY 23, 2024

As political efforts intensify to combat junk fees across various sectors, a groundbreaking study conducted by Wise , the global technology company building the best way to move and manage money internationally, unveils a hidden landscape of fees plaguing the everyday lives of Americans.

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Tearsheet

MARCH 27, 2024

Workers have the option to receive EWA funds at no cost within 1-3 days via ACH, or they can opt to have their direct deposit sent to a reloadable Visa debit card, named Friday by DailyPay. Alternatively, DailyPay charges a fee if employees choose to instantly send EWA wages to a card or account.

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Global Fintech & Digital Assets

MARCH 8, 2024

Representative Maxine Waters, ranking member of the House Financial Services Committee, applauded the Rule and CFPB leadership for “finalizing this critical rule to slash credit card late fees.” anti-competitive, unfair, deceptive, or fraudulent business practices” across key markets and sectors.

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