You may see routing and account numbers on checks written on your account and wonder what they mean. They are the two sets of numbers that banks rely on to ensure the money moves between the correct ...
The real winners from the Fed’s latest debit card routing rule aren’t the merchants. And they certainly aren’t the banks. Guess who? In the last decade, the flow of funds across debit card networks ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. “The very reason Congress passed the Durbin Amendment is because the U.S.
The Federal Trade Commission is investigating whether Visa Inc.V-1.18%decrease; red down pointing triangle and Mastercard Inc.’s MA-0.87%decrease; red down pointing triangle security tokens restrict ...
Bracing for the loss of some debit transactions as a result of new Federal Reserve rules requiring debit cards to carry at least two card network brands, Visa Inc. next year plans to ramp up a series ...
The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc's security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported on ...
With a Federal Reserve deadline hitting Wednesday for comments on decade-old debit card regulations, large merchants are firing some last-minute salvos in hopes of influencing the Fed to make major ...
The Federal Trade Commission is investigating whether Visa Inc. and Mastercard Inc.’s security tokens restrict debit-card routing competition on online payments, according to people familiar with the ...