GAO Confirms Debit Fee Reform Helped Small Banks
GAO last week confirmed that the debit fee reform implemented Oct. 1, 2011, has helped community banks and credit unions.
09-24-2012
黑料社区Rejects Proposed Settlement in Antitrust Litigation
黑料社区announced today that it has joined others in rejecting a proposed settlement of the antitrust lawsuit brought by merchants, including NATSO, alleging that Visa, MasterCard and national banks collude to set artificially high swipe fees.
09-10-2012
Fed Rule Allows Banks to Charge Merchants “Fraud Prevention” Fee
The Federal Reserve Board last week announced approval of a final rule that allows debit card issuing banks with more than $10 billion in assets to charge a one cent fraud prevention fee.
08-06-2012
Federal Reserve Releases Report on Debit Interchange Fees
Small banks have been unaffected by the changes to debit card transaction fees under last year’s Dodd-Frank Wall Street Reform and Consumer Protection Act and competition remains absent from the debit payment market, according to a new report issued by the Federal Reserve last week.
05-07-2012