Cornerstone Advisors Research Director: ‘Credit Card Competition Act’ could create a ‘fraudster’s dream come true’

Cornerstone Advisors Research Director: ‘Credit Card Competition Act’ could create a ‘fraudster’s dream come true’

Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA) could lead to an increase in credit card fraud.


Cato Institute Financial Analyst: Nigerian currency problems existed "long before bitcoin was even created"

Cato Institute Financial Analyst: Nigerian currency problems existed "long before bitcoin was even created"

Nicholas Anthony, a policy analyst in the Cato Institute’s Center for Monetary and Financial Alternatives, says the Nigerian government, not cryptocurrency, is to blame for devaluation of the naira.


Weekend Interview: John O'Brien, editor, Legal Newsline

Weekend Interview: John O'Brien, editor, Legal Newsline

John O’Brien is a veteran journalist and editor of Legal Newsline. The American Legal Record Podcast interviewed O’Brien last week regarding his recent article, “Company being crushed under weight of feds' child labor probe, despite no charges.”


Heather on Amazon antitrust case: 'FTC has put Amazon between a rock and a hard place'

Heather on Amazon antitrust case: 'FTC has put Amazon between a rock and a hard place'

The Federal Trade Commission’s lawsuit against Amazon.com, Inc., faces internal inconsistencies with the agency’s laws and the company’s policies.


Federal Reserve Governor Bowman raises concerns over interchange fees and regulatory policies affecting credit card processing industry

Federal Reserve Governor Bowman raises concerns over interchange fees and regulatory policies affecting credit card processing industry

In a speech delivered at the 2023 Ohio Bankers League "Main Event" in Columbus, Ohio, Federal Reserve Governor Michelle W. Bowman expressed concerns over regulatory proposals that could impact credit card processing and related industries.


Study says consumers not likely to benefit from credit card fee restrictions

Study says consumers not likely to benefit from credit card fee restrictions

A new study by economist Stephen Moore this week says that legislation pending in Congress to restrict transaction fees by credit card companies will not necessarily help consumers.


China's Population Ages Faster than Wealth Accumulates

China's Population Ages Faster than Wealth Accumulates

Qin (Maya) Mei, Scott Kennedy and Ilaria Mazzocco authored an analysis of China's emerging population decline and its relationship with economic growth. The report was published in Big Data China on September 21.