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Washington, D.C: American Bankers Association has issued the following news release: Saying that 'the road to the American Dream runs through the banking system,' Rep. Ritchie Torres (D-N.Y.) today reiterated [...]

On October 1, 2024, the Canadian Department of Finance announced that there will be a new Code of Conduct for the Payment Card Industry (the Code), currently known as the [...]

In recent discussions surrounding banking practices, the issue of overdraft fees, particularly for ATM and one-time debit card transactions, has gained significant attention. On September 17, 2024, the Consumer Financial [...]

London: UK Government has issued the following news release: Although the scenarios below are not Regulation 15 exclusions, they are worth considering as out of scope of Regulation 14. A [...]

Businesses in Australia are prohibited from charging excessive payment surcharges for certain payment methods including Visa and MasterCard credit and debit cards and EFTPOS. Introduction Businesses can only pass on [...]

Washington, D.C: American Bankers Association has issued the following news release: Banks and credit unions can be held legally liable if there is no proof that they obtained affirmative consent [...]

Washington, D.C: American Bankers Association has issued the following news release: The Federal Reserve's proposal to revise Regulation II to lower debit card interchange fees is a 'huge concern' for [...]

WASHINGTON -- The following information was released by the office of Wisconsin Rep. Bryan Steil: -áCongressman Bryan Steil (WI-01) introduced the Secure Handling of Internet Electronic Donations (SHIELD) Act. The [...]

WASHINGTON, Aug. 23, 2024 /PRNewswire-HISPANIC PR WIRE/ -- Used An ATM Card And Were Assessed A Surcharge? You Could Get Money From a $197.5 Million Class Action Settlement. A new [...]

WASHINGTON, Aug. 23, 2024 /PRNewswire/ -- Used An ATM Card And Were Assessed A Surcharge? You Could Get Money From a $197.5 Million Class Action Settlement. A new class action [...]

WASHINGTON, D.C. -- The following information was released by the Consumer Bankers Association: Last year, the Federal Reserve Board unveiled a proposed rule to further reduce debit interchange fees, one [...]

METUCHEN, N.J: Berkeley Varitronics Systems, Inc has issued the following press release: Skim Swipetm was developed by Berkeley Varitronics Systems (BVS) in an effort to offer law enforcement, retail owners, [...]

Leading developer of wireless cybersecurity and card skimmer detection solutions announces new product in fight against hidden POS card skimmers. METUCHEN, N.J., July 9, 2024 /PRNewswire/ -- Skim Swipe(TM) was [...]

Illinois has become the first state to enact restrictions on credit and debit card interchange fees - commonly known as swipe fees - linked to taxes and gratuities. The Interchange [...]

WASHINGTON, D.C. -- The following information was released by North Carolina Senator Ted Budd: Today, Senator Ted Budd (R-NC) introduced the Secure Payments Act, which would require the Federal Reserve [...]

Washington, D.C: American Bankers Association has issued the following news release: Illinois lawmakers today passed a state budget that includes a ban on the collection of credit and debit card [...]

On Wednesday, January 24, 2024, the Consumer Financial Protection Bureau (CFPB) announced a Proposed Rule aimed at blocking nonsufficient funds (NSF) fees on debit card, ATM, and certain peer-to-peer payment [...]