Payments/Credit/Debit

Comments from credit unions express concerns about rates, compliance burden as January effective date approaches.

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.

Walmart advanced further into the financial services arena last week with a new product it will offer in conjunction with American Express.

Filene researcher does see increased competition from Amex/Walmart offering, while Latino Community CU, Consumers Union say full-service still needed.

Filene researcher does see increased competition from Amex/Walmart offering, while Latino Community CU, Consumers Union say full-service still needed.

CFPB mum on new Walmart/Amex offering, while card rater considers it a top-tier new product.