Regulation News
Financial Researcher: Californians could see increase in credit card fraud under proposed credit card regulations
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.
Airline Trade Group: California tourism threatened by proposed credit card regulations
New credit card regulations pending in the U.S. Senate could threaten California’s $134.4 billion tourism industry by eliminating airline credit cards and reward points for travelers, said Marli Collier, managing director at Airlines for America (A4A).