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The Federal Reserve Board and Office of the Comptroller of the Currency are asking a federal judge to dismiss TCF Financial Corp.'s lawsuit, which seeks to block implementation of the Durbin amendment.
February 22 -
JPMorgan Chase & Co. is considering limiting the size of purchases allowed on its debit cards in response to the Federal Reserve Board's proposed cap on interchange fees.
February 22 -
Wary ISOs and acquirers are putting hiring and other plans on hold as they await the Federal Reserve Board's final version of new debit card interchange rules, which likely will reconfigure their revenue streams.
February 22 -
Bank of America Corp. is adding another fee that may lead some of its customers to shut off paper statements.
February 22 -
WASHINGTON-CUNA next week plans to unveil a new web-based tool the trade group says "can play a critical role in helping not only to tell the credit union story, but to convince more consumers nationwide to consider-and then join-a credit union."
February 21 -
CHANDLER, Ariz.-First Credit Union has a lofty plan for 2011: to save its members a million dollars or more.
February 21 -
While hope is rising in some quarters that lawmakers may direct the Federal Reserve Board to delay or avoid implementation of its proposed debit card interchange rates, a large national merchants’ association sees little chance of lawmakers derailing the proposed rules.
February 18 -
The combination of Square Inc.’s popularity and forthcoming reduced debit card interchange fees is helping HomeATM ePayment Solutions to finally gain traction in the marketplace, according to the company’s president and CEO.
February 18 -
Intuit Inc. is furthering its strategy to become a go-to provider to small businesses for their payment needs.
February 18 -
In the six years that Citibank has offered its Thank You Rewards program, nearly 11 million checking and credit-card customers have signed up to earn points through just about every interaction they have with the bank. Making a debit or credit purchase or opening a money market account rings up points that Thank You members can use to get a new flat-screen television or a trip to Tahiti.
February 18
