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 ...
The latest figures from the Fed show that, in 2023, merchants paid for 49.9% of debit card fraud, up from 46.9% in 2021. The ...
FMI joined a coalition of industry organizations in urging the Federal Reserve to finalize its debit card swipe fee reform ...
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 ...
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 has done it again! Just when you thought navigating the labyrinth of modern banking couldn't get any more exhausting, they bring out a new proposal that promises to deliver more ...
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 ...
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 — ...
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, ...
As the Detroit Free Press recently reported, new debit card scams are popping up and gaining momentum (2). One of the most bizarre ones starts with banking customers being warned that there's a ...
President Donald Trump's executive order to fast-track the reclassification of cannabis offers hope to a $30 billion industry that is ready to move beyond cash.
Learn how Netspend prepaid debit cards work and if they are right for you. Protect yourself and your finances by ...