The Business Times
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Credit/Debit cards

Companies & Markets

PayNow eyes merchant, business payments in next growth phase, puts heat on card networks

2026-07-06T02:47:17.000Z
Ryan Gwee (left) of Aleta and Adeline Kim of Visa at the announcement of the companies' partnership.
Companies & Markets

Aleta’s fintech solution allows local and regional SMEs to issue custom Visa cards 

2026-06-19T03:00:00.000Z
Visa and Mastercard agreed to lower swipe fees by 0.1 percentage point for five years, while standard consumer rates would be lowered to no more than 1.25% for eight years.
International

Visa, Mastercard US$38 billion swipe fee settlement wins US judge’s approval

2026-06-10T12:32:21.000Z
Visa operates a digital payments network across more than 200 countries and territories and is used by billions for everyday transactions.
Banking & Finance

Visa beats quarterly profit estimates on resilient consumer spending

2026-04-28T22:57:17.000Z
Analysts have said Amex’s focus on the premium segment insulates the company from a broader slowdown in spending, and helps deliver solid growth.
Banking & Finance

Amex projects upbeat 2026 profit on steady spending by affluent customers

2026-01-30T15:12:38.000Z
Lawmakers have taken aim at card interest rates, often hovering above 20% in recent years, as one way to relieve some financial pressures on consumers.
Banking & Finance

Bank of America, Citigroup weigh new cards with 10% rate

2026-01-22T22:51:43.000Z
“It would remove credit from 80% of Americans, and that is their back-up credit,” said JPMorgan CEO Jamie Dimon.
Banking & Finance

JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap

2026-01-21T22:30:00.000Z
Late last week, President Trump called for a one-year, 10 per cent cap on credit card rates, setting a deadline of Jan 20.
International

White House weighs executive action to cap credit card rates

2026-01-17T01:35:28.000Z
US credit card balances rose to US$1.23 trillion at the end of the third quarter ended Sep 30, indicated a report from the US Federal Reserve.
Banking & Finance

How Trump’s proposed cap on credit card rates could reshape consumer lending

2026-01-12T14:39:40.000Z
This bill explicitly directs credit card companies to limit rates as part of broader consumer relief legislation.
International

Trump calls for one-year cap on credit card interest rates at 10%

2026-01-10T04:41:32.000Z
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