ABA seeks repeal of Reg II debit card interchange price control rule
In response to a Trump administration effort to ease regulation, ABA is urging officials to rescind the regulation implementing the ...
Tag: Debit cards
Report: Debit card skimming declined in 2024
While the majority of debit card compromises still occur at nonbank ATMs, bank ATMs currently represent 27% of compromise locations, ...
ABA survey: Americans oppose policies that threaten credit card rewards programs
A new survey by ABA found that a strong majority of U.S. consumers are happy with their credit cards and ...
Fed survey: Most fraud losses attributable to debit card, check fraud
A Federal Reserve survey of risk officers at financial institutions found that debit card fraud drove fraud losses at those ...
Court issues partial injunction against Illinois law restricting interchange fees
A federal judge today ordered a preliminary injunction against enforcement of an Illinois state law restricting interchange fees for national ...
ABA urges Nacha to reject proposed changes to ACH network
ABA is urging Nacha to reject proposals to create a fourth same-day Automated Clearing House window and to accelerate funds ...
ABA, associations file lawsuit challenging CFPB cap on overdraft fees
ABA joined associations representing bankers and credit unions in filing a lawsuit challenging the CFPB's effective cap on overdraft fees.
ABA analysis: Most commenters oppose Fed’s changes to debit card regulations
Nearly 80% of commenters on the Federal Reserve’s proposed rule to lower the cap on debit card interchange fees oppose ...
Bank survey: Holiday shoppers prioritize rewards, security in payments options
Debit and credit cards remain the top payment choices for holiday shoppers, with credit card users saying they value rewards ...
Fed: Card payments, mobile wallets showed strong growth in 2022
Credit and debit card payments continued to grow in 2022, reaching 153.3 billion transactions and $9.76 trillion in value, according ...
