Search results
Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants
McComb Enterprise-Journal· 2 weeks agoThe deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar ...
Banks Warn Free Accounts at Risk in Fed’s Debit Swipe Fee Plan
Bloomberg Law· 11 hours agoEfforts to bring more low- to moderate-income people into the banking system are at risk under the Federal Reserve’s plan to reduce caps on debit card interchange ...
Analysts: Visa, Mastercard Settlement Effect on Card Programs Likely Minimal
Business Travel News· 5 days agoThe settlement reached between Visa and Mastercard and merchants in recent weeks could have some...
Luxury tycoon Bernard Arnault unleashes legal blitz on Visa and Mastercard
The Telegraph via Yahoo Finance· 1 week agoBernard Arnault’s sprawling business empire has launched a raft of legal claims against Visa and...
Regulators take aim at airline credit-card reward programs - The Business Journals
The Business Journals· 22 hours agoThe nation's major airlines are drawing heat over their branded credit-card reward programs, with federal regulators targeting consumer complaints that ...
Biden watchdogs probe popular credit card and airline rewards
The Hill via Yahoo Finance· 5 days agoCredit card and airline rewards are incredibly popular among Americans, but Biden administration...
Banks Urge Fed to Withdraw Rule Lowering Cap on Debit Interchange Fees
PYMNTS.com· 4 days agoThis past October, the Fed unveiled its proposal to lower the ceiling on what banks can charge for...
Sen. Roger Marshall Presses for Credit Card Competition Act Vote
PYMNTS.com· 6 days agoU.S. Sen. Roger Marshall, R-Kan., aims to secure a vote on the Credit Card Competition Act (CCCA) by...
Retailers Ask Judge to Reject Swipe Fee Settlement
Convenience Store News· 2 weeks agoJudge Margo Brodie, NRF attorneys wrote that the proposal fails to end Visa and Mastercard's practice of centrally setting "default" swipe fees charged...
Industry Groups React to Proposed Debit Swipe Fee Changes
Convenience Store News· 9 hours ago"We are very appreciative that the board has undertaken to update the interchange rate so that it...