While Apple Pay preserves existing payment systems, CurrentC aims to avoid interchange.
Senate Majority Whip Richard Durbin (D-Ill.) joins retailers filing briefs urging the Supreme Court to hear the interchange suit.
Sen. Dick Durbin (D-Ill.) files an amicus brief with the Supreme Court, arguing for a lower Fed interchange cap.
The Federal Reserve will not propose any changes to the interchange fee standard or fraud prevention adjustment.
Low entry costs mean any issuer can sign up for the new Apple mobile service. CO-OP prepares a webinar.
Retail trade associations and two large retailers appeal to the Supreme Court to rule on the Federal Reserve's debit interchange rule.
Retail trade associations and firms call the Fed's debit interchange rule an issue of staggering importance.
Credit unions pump up loan balances by promoting credit card balance transfer offers.
A Friday ruling allows retailers who opted out of last year's settlement to proceed with new suits. Card brands can also countersue retailers.
A new Aité Group report says cash is more expensive for retailers than cards. Retailer groups disagree.