Payment fees

Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative.

The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators.

Banking lobbies are still opposed to the Durbin Amendment, which would hurt a free market, writes Mark Horwedel, CEO of the Merchant Advisory Group.

Walter Merricks, a consumer ombudsman represented by the U.K. law firm Quinn Emanuel Urquhart & Sullivan LLP, said a tribunal judge's analysis of the case was wrong.

The ruling could limit the U.K. as a venue consumer class-action suits.

Prepaid payroll companies are delivering new functionality and processes that enhance cardholder experience, writes Tal Clark, senior vice president and head of Money Network at First Data.

A suit alleges former inmates in Arizona's state prison system were charged $15 fee for teller-assisted transactions, compared with other customers who were charged nothing.

The Durbin Amendment is on the chopping block , which could reverse years of savings for merchants and consumers.

Wells Fargo & Co. is expanding its ExpressSend remittance payout network in India to include Axis Bank and, beginning next month, expanding a free-transfer promotion previously available only for those sending at least $500.

The U.S. Supreme Court ordered closer scrutiny of a New York law that bars merchants from imposing surcharges on credit card purchases, giving a group of retailers a partial victory by saying the measure might violate their free-speech rights.