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By David Morrison |
June 8, 2012
Merchant Payments Coalition says credit unions, community banks have benefited.
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By David Morrison |
May 11, 2012
Illinois senator files brief in case seeking to force Fed to cut interchange costs further.
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By Heather Anderson |
May 1, 2012
Fed says most credit unions didn’t experience a drop in interchange income immediately after the Durbin Amendment went into effect last fall.
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By David Morrison |
April 16, 2012
Rather than pass debit interchange savings from the Durbin Amendment on to consumers, gasoline retailers are pocketing the difference, the Electronic Payments Coalition says.
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By David Morrison |
March 25, 2012
Credit unions have argued before U.S. District Judge Richard Leon in defense of the Federal Reserve's existing Durbin amendment regulation.
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By Michelle A. Samaad |
March 19, 2012
When Kyle Markland was hired at Affinity Plus Federal Credit Union at the age of 33, he admits that the board took a chance on bringing in someone so young to lead what was then a $357 million cooperative.
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By David Morrison |
March 15, 2012
CUNA, NAFCU join opposition to merchants' bid to cut debit interchange deeper.
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March 4, 2012
From the Durbin amendment to Reg E, recent regulatory developments have financial institution executives seeking new sources of revenue. However, instead of embarking on the quest, financial services industry executives should look to return to the basic fundamentals and focus on interest income, the most important revenue component for...
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By David Morrison |
January 27, 2012
The furor over debit card fees left many consumers with the impression that banks benefited from the change in interchange regulations, a new study shows.
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By Claude R. Marx |
December 4, 2011
Saying that the debit card swipe fees set by the Federal Reserve were neither reasonable nor proportional, the National Retail Federation and other groups have sued the agency.
