MasterCard, Visa settle antitrust case with DOJ; AmEx fights on

Visa and MasterCard today agreed to sweeping changes that will allow merchants to offer discounts to customers who pay using the least-expen

Excerpts from this story referencing "Debit card":

"… he Fed the power to set a ceiling on the interchange rate for Debit cards. Debit card transaction fees are already much lower than credit card fees, and under t …"

Retailers accuse AmEx of antitrust breach as battle over debit card cap heats up

Retailers in a long-running lawsuit against American Express Co. over charge card swipe fees are now accusing the card giant of violating an

ABA says debit card cap for big banks would also hurt small ones

By Julie Vorman

U.S. bankers are asking Congress to halt a proposed Dodd-Frank regulation that would cut debit card revenues by claiming it would also disco
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Reform reading: Debit card use up 15 percent as Fed mulls fee limit

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Reform reading: JPMorgan CEO not embarrassed to be banker

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Reform reading: Credit ratings hard to replace, overdraft fees criticized

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Excerpts from this story referencing "Debit card":

"… etitiveness for U.S. institutions.”Another item for bureau’s to-do listDebit card users may not realize that big banks typically process largest payments fi …"

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In Webcast debut, Fed meeting to propose limiting bank debit card fees

By Jeremy Borden

The Federal Reserve Board takes a step into 21st century transparency this afternoon when it offers a first-ever webcast meeting, giving the

Credit union study of swipe costs adds confusion to debit fee battle

By Amy Biegelsen

Big credit unions say processing costs 2 cents per swipe, lower than Fed's planned 12-cent cap

Financial reform this week: Will Fed bow to banks' demand to keep swipe fees high?

By Julie Vorman

Fed to set swipe fee limit

Excerpts from this story referencing "Debit card":

"… onsumer groups. Begins 0930 ET at U.S. PIRG office. Wednesday, June 29Debit card fees - Federal Reserve meets to finalize rules capping how much banks can …"

Banks squeeze bigger debit fee out of Fed

By Amy Biegelsen

Fed sets 21-cent cap on debit processing, higher than initial plan

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