The Supreme Court handed a victory to retailers battling debit card “swipe fees.” The high court’s 6-3 ruling Monday (July 1) sided with the plaintiffs...
Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge...
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. And...
Credit card swipe fee litigation that has been fought for two decades is reportedly likely to remain unresolved for some time longer. A federal judge...
Visa and Mastercard are facing new lawsuits over multilateral interchange fees. The United Kingdom Competition Appeal Tribunal ruled Friday (June 7) that collective proceedings —...
Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with...
Beyond the Consumer Financial Protection Bureau (CFPB)’s new rule that would cap credit card late fees, banks are girding for the impact of the Federal...
U.S. Sen. Roger Marshall, R-Kan., aims to secure a vote on the Credit Card Competition Act (CCCA) by adding it to the Federal Aviation Administration (FAA)...