The question of whether or not the Federal Reserve went far enough or too far in capping debit card interchange in accord with the Durbin amendment went before a U.S. District Court Judge recently.
Retailers, issuers to face off again in court Tuesday over interchange rate.
Electronics Payment Coalition does some comparison shopping a year after Durbin amendment took effect.
Retail group points to $18 million in savings each day.
Merchants Payments Coalition report says interchange rates not to blame for bank fee boosts.
Reaction to settlement of longstanding credit card anti-trust suit.
Retail associations are celebrating what they are calling a year since their legislative victory in the battle over the Durbin amendment by asserting that none of amendment opponents' dire predictions have come true.
Merchant Payments Coalition says credit unions, community banks have benefited.
Illinois senator files brief in case seeking to force Fed to cut interchange costs further.
Fed says most credit unions didn’t experience a drop in interchange income immediately after the Durbin Amendment went into effect last fall.