Year 2013 ended with the Federal Reserve’s debit interchange rules still unresolved.
Kansas City economist says debit cap increases access to no-fee accounts, especially in competitive markets.
The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
Coalition files brief Wednesday in appeal of July order dismantling much of Fed interchange rule.
The ongoing fight over federal debit interchange regulations entered its newest round Oct. 21 as the Federal Reserve filed its appeal that seeks to reverse a July 31 District Court decision overturning its current rule.
Federal Reserve files appeal of July 31 federal court ruling that struck down much of interchange rule.
Merchants and card issuers released separate studies Oct. 1 that made contradictory claims regarding the effect the Durbin Amendment’s interchange cap has had on consumers. The groups timed their releases to coincide with the two-year anniversary of cap’s effective date.
Electronic Payments Coalition report counters debit interchange savings found in retailers report issued earlier Tuesday.
Merchant Payment Commission trade group uses economist's data from 27,000 retail sites to reach conclusion. NAFCU unimpressed.
LAS VEGAS — Annual loss of revenue to $11.5B credit union could increase if Federal Reserve rewrites rule, BECU exec tells ACUMA confab.