National Retail Federation and other groups attacked the amount of debit card interchange allowed.
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.
A U.S. District Court judge gutted the Federal Reserve’s debit card regulatory regime July 31, ruling the Fed rule disobeyed the law and ordering the regulator to rewrite it.
Two instead of four unaffiliated payment networks could be required as result of federal judge's ruling.
This Opinion piece looks at the growing problem of ATM skimming, including its role in the move toward EMV chip-and-PIN adoption.
Now that regulations implementing the Durbin amendment are finalized–at least for the short term–credit unions have to decide how many debit networks they want and if they have to join any.