Fed releases report on debit card interchange fee revenue
U.S. payment card networks processed 100.7 billion debit and general-use prepaid card transactions valued at $4.7 trillion in 2023, representing ...
Tag: Dodd-Frank
ABA, state associations favor narrower focus for small-business data collection rule
ABA and 52 state bankers associations said that they support most of the proposed revisions to the CFPB’s small-business lending ...
ABA submits recommendations for easing regulatory burden on banks
As part of a congressionally mandated review of regulation by federal agencies, ABA submitted a list of recommendations to reduce ...
ABA offers list of fixes for Section 1033 rule
ABA shared a long list of recommendations for re-proposing the CFPB’s personal financial data rule, saying the rule finalized in ...
CFPB finalizes extended compliance dates for small-business lending data collection
The CFPB has finalized a rule extending the compliance dates for its small-business data collection. The bureau first extended the ...
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 ...
CFPB seeks input on Section 1033 data sharing reconsideration
The CFPB is seeking public comment on the costs and challenges of enforcing the Dodd-Frank Act’s data sharing requirements as ...
CFPB to repropose rules on small business lending, data sharing
The CFPB plans to propose rulemaking on small business lending data collection and consumer data sharing before the end of ...
ABA, associations: Fintech groups misrepresent permissioned data sharing
Banks don’t charge consumers fees to access their data, and because of banks’ innovation and investments in secure systems, consumers ...
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 ...
