Those who tout credit cards over debit cards claim usage of the latter is tantamount to giving away one’s money. Conversely, charge cards offer cash-back plans, airline miles, credit toward future ...
A Trade Deal Without Teeth Isn’t Worth the Paper It’s Printed On Brightline Touches the Third Rail JD Vance Should Take the Moon Shot Time to Spring Trump’s Tariff Trap Banks will find other ways to ...
As the Detroit Free Press recently reported, new debit card scams are popping up and gaining momentum (2). One of the most ...
The Federal Reserve's recent proposal to impose a lower cap on debit card interchange fees than what has previously been implemented may appear to be a consumer-friendly move, but the unintended ...
The Federal Reserve Board on Wednesday requested comment on a proposal to lower the maximum interchange fee that a large debit-card issuer can receive for a debit-card transaction. The proposal would ...
Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...
The Supreme Court rejected Tuesday a challenge from retailers and merchants to lower the Federal Reserve’s cap on debit card fees. The court’s decision not to take up the case is the latest twist in a ...
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 — ...
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