InsuranceNewsNet

AMICUS BRIEF URGES COURT TO REVERSE RULING ON INTERCHANGE RULE

In a case challenging the Federal Reserve's debit interchange fee rule, America's Credit Unions joined together with a group of financial trade organizations in support of the Federal Reserve in urging the U.
Finextra

Demystifying interchange fees: Understanding Profitability Dynamics in Card Transactions

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more meaningfully with your partners and influence your company's ...
Seeking Alpha

Visa: Interchange Fee Regulation Risk Is A Problem

Visa's strong financial performance is overshadowed by potential disruptions to its revenue model due to global regulatory changes, particularly around interchange fees. Regulatory adjustments in the US and Europe, such as proposed caps on interchange fees ...
JD Supra

The Complexities and Costs of Eliminating Interchange Fees on Sales Tax Portions

Illinois has become the first state to adopt legislation banning interchange fees on the tax amount and gratuity (tip) amount of a credit or debit payment transaction. The Illinois Interchange Fee Prohibition Act (IFPA) i, expected to be signed into law by ...
Supermarket News

Fed Rule Would Cap Debit Interchange Fees

WASHINGTON — In a first-ever webcast meeting of the Federal Reserve Board last week, its members voted unanimously in favor of a proposed rule that would limit debit-card interchange fees. Retailers have long sought government intervention on the fees ...
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