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.

Junk Fees 68

Junk Fees Credit Cards Push-to-Card Laws 68

Tearsheet

MARCH 27, 2024

The ongoing tug-of-war in regulations has left some states at odds regarding the rules governing this still relatively new service in the US. Moreover, there are fears that individuals living paycheck-to-paycheck may now be pushed into incurring bank overdraft fees when confronted with unforeseen expenses.

Instant Payments 64

Instant Payments RTP Consumer Financial Protection Bureau (CFPB) FedNow 64

Finovate

OCTOBER 28, 2024

In fact, the former president has gone so far as to suggest that the income tax be eliminated in favor of his new, tariff-based approach to funding government operations. Aside from tax cuts, the most noteworthy element of Trump’s economic plan is his embrace of tariffs on goods manufactured outside of the United States.

FinTech 59

FinTech Junk Fees Economy Small Business 59