Finance News
Federal Reserve Caps Debit Interchange At 21 Cents Plus Fraud Fee
Regulation II limits what large debit card issuers can collect on a swipe to a formula set in 2011 that the Fed proposed lowering in 2023 but has not changed in…
Finance News
Financial performance across payments: funding rounds, valuations, quarterly results, acquisitions and the consolidation reshaping processor share.
Finance News
CFPB Finalizes Section 1033 Open-Banking Rule With Compliance Starting in 2026
The CFPB's personal financial data rights rule requires the largest banks to open customer data to rival providers on request, with the first deadlines arriving…
Finance News
Q2 2026 Bank Earnings Wrap: JPMorgan Posts Record $21.2 Billion
JPMorgan's July 14, 2026 release set the season's tone: record net income of $21.2 billion with net interest income up 10% and Markets revenue up 35%.
Finance News
Treasury Yields July 2026: What Moved the 10-Year to 4.48%
The 10-year Treasury yield climbed from 4.30% on June 30 to a 4.48% peak on July 13, 2026, easing to 4.44% on the day the June CPI printed -0.4% monthly.
Finance News
What the Fed Signaled in June 2026: A Unanimous 3.50%-3.75% Hold
The FOMC held the target range at 3.50%-3.75% on June 17, 2026 with a 12-0 vote, and the median SEP projection puts the year-end rate at 3.8%.