Updated 01.05.2012: After receiving a first wave of more than 5,000 credit card complaints, the Consumer Financial Protection Bureau has gotten a good dose of the troubling divide that exists between consumers and ...

Updated 04.21.2012: Consumer advocacy groups want prepaid card issuers to provide customers with the type of protections required for debit cards tied to bank accounts. They are calling on the Consumer Financial ...

Seven Senate Democrats have introduced a bill that would allow states to cap credit card interest rate charges, with the hope of reversing a high court decision which gives nationally chartered banks the advantage ...

Consumers rejoice. We all got a well-earned break from what was likely to be a new wave of debit card fees among the biggest banks. But regroup quickly and be more vigilant than ever, banking industry watchers say. Consumer ...

Barely a 100-days-old, the U.S. Consumer Protection Financial Bureau – created by landmark Wall Street reform legislation – is ready to start reviewing numerous regulations on mortgages and other common financial ...

Credit and debit card spending is climbing worldwide as payment-processing giant MasterCard today reported a healthy third-quarter profit that beat estimates, following a similarly solid earnings result last month ...

Consumers can certainly claim a clear victory today after Bank of America axed plans for a debit card fee that followed similar reversals by several big banks. Even before Bank of America’s failed attempt, fee-weary ...

Big bank customers don’t have to take Bank of America’s pending $5-a-month debit card fee or Citibank’s boosting of checking-balance requirements to avoid $20 a month. These consumers are switching in large ...

Visa and MasterCard have agreed to allow merchants to encourage customers to use lower cost credit or debit cards — and potentially provide rebates or discounts for doing so — under a settlement with ...

Considered a hero by consumer groups and a nemesis to big banks and the Wall Street elite, Elizabeth Warren will serve as assistant to President Obama and special advisor to U.S. Treasury Secretary Timothy Geithner ...