Mastercard Inc. - Providence Business News

Home Tags Mastercard Inc.

CHANGE COMING? Visa Inc.. and Mastercard Inc. dominate credit card payment processing, but a bill in Congress is aiming to change that with the hope of reducing fees for merchants.  AP FILE PHOTO/STEVE HELBER

Credit card legislation has banks up in arms

Financial Services 06/06/2025

A legislative move to increase competition in the credit card payment network – dominated by Visa Inc. and Mastercard Inc. – is facing severe...

CREDIT ISSUES: Spencer Blier, left, CEO and founder of Mammoth Inc., one of Rhode Island’s licensed cannabis cultivators, in his facility with one of the Mammoth technicians. Because the federal government has not legalized cannabis, banking services and credit card processing are difficult to come by for businesses in the industry.  PBN FILE PHOTO/MICHAEL SALERNO

Credit card restrictions curbing cannabis sector

Entrepreneurship 03/15/2024

People’s Credit Union CEO and President Sean Daly says major credit card companies and financial institutions remain cautious about entering the legal cannabis industry,...

THE SUPREME COURT may have ruled that states can allow betting on individual sporting events, but many gamblers who will want to place those wagers using a credit card face a major hurdle: a large share of U.S. credit card companies don't allow it. / BLOOMBERG/ JUSTIN CHIN

Sports gambling’s next hurdle is credit cards after court ruling

Government 05/18/2018

NEW YORK - For states ready to legalize gambling, banks hold many of the cards. The Supreme Court ruled this week that states can allow...

- Featured Event -

Latest News

School accountability ratings show improvement, though disparities remain

11/07/2025

Consumer sentiment tumbles close to record lows in latest U Michigan...

11/07/2025

Roger Williams, Fatima hospitals to remain open through November

11/07/2025

SEC filing of the week: KVH Industries’ Q3 loss widens to...

11/07/2025

Providence City Council approves tougher rules on police interactions with ICE

11/07/2025

SUBSCRIBE TO

PBN's All Access Subscription

PBN subscribers get ahead with unlimited access to PBN news, information, and insights from our editorial team, research and data, webinars and much more.