A three-judge panel may wind up preserving the Fed's debit interchange regulation, which a lower court invalidated last year.
Counsel to retail plaintiffs explains that the Durbin Amendment precludes Fed from including fraud costs in the debit interchange cap.
WASHINGTON — Judges reviewing 2013 ruling that tossed out much of the Fed's interchange reg appeared open Friday to leaving much of it in place.
Debit card issuers, Fed and merchants will present cases regarding how the Fed interpreted Dodd-Frank's Durbin Amendment.
Electronics Payment Coalition counters NRF and other appealing firms don't represent most retailers.
Legal battle continues over Federal Reserve's interchange rules stemming from Dodd-Frank.
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.
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.