The federal government will temporarily cover credit card surcharges after businesses warned that losing the payment option ...

Treasurer Jim Chalmers is expected to announce extra funding for the tax office to delay its controversial ban on credit card ...

Regulators identified “significant deficiencies” in how the American Express' enterprise-wide anti-money laundering program was implemented, in particular at the firm’s subsidiary national bank.

The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for ...

Regulators fined American Express (AXP) with a $350 million penalty Thursday over widespread failures in its anti-money laundering controls that left approximately $13 billion in suspected money ...

Trump and Vance back the Credit Card Competition Act, which could cut swipe fees and shake up Visa/Mastercard.

Tapping your 401(k) through a loan or withdrawal can eliminate high-interest credit card debt, but it risks tax penalties, ...

Amex fined US$350 million for anti-money laundering lapses after regulators cited compliance failures and suspected ...

Treasurer Jim Chalmers has stepped in following a massive backlash regarding the Australian Taxation Office’s decision to ban ...

American Express hit with $350M BSA/AML fine as OCC and Fed cite compliance gaps; see what it means for AXP stock, guidance, and risks—read now.

U.S. regulators took enforcement action against American Express over anti-money-laundering failures, with the OCC imposing a ...