With Target saying its data breach is much worse, here's what to watch for. Jan. 11, 2014— -- intro: Would you give a thief direct access to your checking account? No? Unfortunately, you may be ...
The risk of credit card fraud doesn’t end when or where you swipe your card. Any business that stores your credit card number could experience a data breach in which a hacker attains access to your ...
"Currently, the smallest credit union and the largest bank in the world receive the same interchange fee when their respective customer uses their debit card," Fred Becker, president and chief ...
WASHINGTON - Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate. On one side are banks like JPMorgan Chase and Bank of America and ...
Banks received some long-awaited news last week: the Federal Reserve voted to cap fees charged to retailers on debit card transactions at roughly 24 cents per transaction, down from an average of 44 ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
Planning an international trip? Confused about whether you should use a debit card or credit card? Debit cards deduct money directly from your bank account, helping you stay within budget, while ...
Justices Ketanji Brown Jackson, Sonia Sotomayor and Elena Kagan gave the dissenting votes on the swipe-fee decision. The Fed rule came out of the 2010 Dodd-Frank Act, which included a provision ...
In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...