The Eighth Circuit on Monday struck down the Federal Reserve’s debit-card swipe-fee cap, delivering a major victory to merchants seeking lower charges.Lowe ...
The Federal Reserve is now required to rewrite the key interchange limits included in a controversial 15-year-old debit card rule following a federal appeals court decision Monday striking down an ...
[Aug. 8] With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while ...
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The Federal Reserve was only authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act to set a cap that covers issuers’ incremental costs, with lawmakers specifying that “other ...
The Federal Reserve on Friday issued a report detailing data on debit card transactions, including fees imposed on merchants by bank card issuers and card networks when consumers swipe the cards to ...
Rewards debit cards can help you earn cash back without borrowing money. Here’s what to know about their history and the top ...
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