As many major FIs tack on new debit fees post-Durbin, USA Today reports some small banks and credit unions are pandering, even offering to pay, frustrated customers to switch to their respective service. Get the Full Story Complete the form to unlock this article and...
Unless you’ve been living under a regulatory rock, you’ve probably heard by now that Bank of America plans to add a $5 monthly charge for customers who purchase via debit card. Durbin, FIs, Merchants, the Economy – who is really at fault here? PYMNTS.com readers...
Seventy two percent of U.S. consumers expect their holiday spending to be ‘careful’ or ‘controlled’ in 2011, according to Accenture’s (NYSE: ACN) annual consumer holiday shopping study. While 88 percent of shoppers intend to spend the same or less than last year, 71 percent of...
Many FIS have or are planning to impose new debit and checking account charges in the post-Durbin era – fees by Bank of America, Citi and Wells Fargo among the most notorious. What’s a pocket-pinched consumer to do? One obvious solution would seem to be...
October 7, 2011 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
In a letter sent to the Hill this morning, the Merchants Payments Coalition emphasized their commitment to free and transparent markets—something that the debit card payments system has never been. The Coalition urged Members of Congress to not “fall prey to bogus arguments about the...
October 4, 2011 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
2011 is envisaged to be a year of extreme importance as two major business sectors move closer towards a shared vision of payments. The theme for Cardist 2011 – now in its 4th year – is BANKING MEETS MOBILE. The conference and exhibition will play...