Illinois passes limits on payment card interchange fees
Illinois lawmakers passed a state budget that includes a ban on the collection of credit and debit card interchange fees ...
Tag: Interchange
ABA, associations: Lowering debit card fees will harm consumers, violate law
A Federal Reserve proposal to lower the cap on debit card interchange fees would harm consumers, banks and credit unions, ...
Survey: Small businesses oppose proposed credit card network touting mandate
Two in three small businesses believe legislation that would impose network routing requirements on banks that issue credit cards would ...
Podcast: The Points Guy on why credit card rewards matter
The Points Guy founder Brian Kelly discusses his personal story of getting involved with reward travel, his opposition to efforts ...
ABA, associations release fact sheet on debit card interchange
ABA, the Bank Policy Institute and seven financial industry associations released a new “myth vs. fact” guide to debit card ...
Powell: Broad changes likely coming to Basel endgame proposal
Federal Reserve Chairman Jerome Powell said that he expects there will be “broad and material” changes to the proposed Basel ...
Fed’s Bowman shares concerns about data behind debit interchange fee proposal
Federal Reserve Governor Michelle Bowman said that she remained concerned about the data underpinning the Fed’s proposal to further lower ...
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
Research: Fed proposal to lower debit interchange fees will cost consumers billions
If the Federal Reserve’s proposal to reduce the debit interchange fee cap is finalized, consumers will pay an extra $1.3 ...
Fed extends comment period on debit card interchange fee proposal
The Federal Reserve announced that it has extended the public comment deadline to May 12 for its proposal to lower ...
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