This opinion piece looks at the need to protect payments innovation from cyberthreats.
Data collected by CUNA and the Consumer Bankers Association covers only the cost of card replacement.
A joint release from the credit union and bank trades says $200M only covers the costs of card replacement.
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.
Ohio credit union CEO to testify to House panel on Tuesday.
The Federal Reserve’s proposed rule regulating interchange is unconstitutional and would do “irreparable harm to issuers and consumers.’’