Visa and Mastercard credit card swipe fees again made up the majority of 2025 swipe fees at $118.8 billion, up from $111.2 ...
The ruling overturned the Federal Reserve's cap on fees but put part of the order on hold pending appeals. In his ruling, Judge Taynor vacated regulations setting the debit card swipe fee rate but put ...
DETROIT — DTE Energy customers will soon have to pay a new card processing fee when paying their bills with a debit or credit card. Beginning on March 2, the Detroit-based utility company will ...
Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.
The Office of the Comptroller of the Currency and 10 former officials filed amicus briefs that provide legal heft to banks ...
BISMARCK — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack down on mushrooming debit card transaction fees. The fees — ...
Recently, the Fed released its eighth biennial report on debit card transactions, providing an in-depth look at industry trends for 2023, pursuant to Section 920 of the EFTA. The report stated that ...
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