In an unprecedented move to tackle soaring credit card debt, Republican Senator Josh Hawley and independent Senator Bernie Sanders introduced a bill aimed at capping credit card interest rates at 10% for five years. The bill seeks to offer much-needed financial relief to working families
Imagine going to your favorite local café, ordering a cup of coffee, and then being asked to pay a small extra charge just because you're using your credit card. This isn't a hypothetical situation; it’s becoming a reality for an increasing number of small businesses in the U.S. According to a
In recent months, the payment industry has faced significant transformations, marked by notable leadership changes at three prominent companies: PayPal, American Express (Amex), and Wells Fargo. These shifts occur amid the rapid advancement of consumer payment methods, as businesses strive to adapt
Starting a new business is an exciting venture, but securing the necessary funding can be a daunting challenge. Traditional banks often require a proven track record, which many startups lack. Fortunately, there are several alternative funding options available to help new businesses get off the
The financial results of Five-Star Business Finance Limited (FSBFL) for the quarter and nine-month period ending on December 31, 2024, provide a vivid snapshot of the company's strategic outlook amid an evolving financial landscape. Despite facing a multitude of challenges, especially from the
TransferMate, an Irish business-to-business payments company, has been named a payment service provider for Amazon. This development comes as a boon for Amazon sellers who now have the advantage of receiving their sales disbursements in their preferred currency, significantly enhancing their
