Kentucky court upholds Reg II interchange fee standard
A federal judge in Kentucky granted the Federal Reserve’s motion for summary judgment in a lawsuit seeking to overturn how ...
Tag: Debit cards
Federal court strikes down Reg II interchange fee standard
A federal court invalidated Regulation II’s standard for setting debit interchange fees but temporarily stayed its action pending an anticipated ...
ABA, associations seek revisions to Fed’s debit card survey
ABA and five financial sector associations this week reiterated their longstanding concerns about the Federal Reserve’s Debit Card Issuer Survey, ...
Illinois lawmakers vote to delay implementation date for state interchange fee law
The Illinois General Assembly approved legislation extending by a year the effective date of a first-of-its-kind state law restricting interchange ...
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 ...
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 ...
