Fed Issues Softer Durbin Rules: What Does It Mean For Visa, Mastercard?
International Business Times - Feb 08, 6604
Los Angeles TimesThe Fed also approved an upward calibration of no more than 1 cent to an issuer's debit card interchange fee over fraud prevention costs. As a result, a covered issuer fit for the fraud-prevention adjustment could receive an interchange fee of up Fed cuts debit card feesall 773 dirt articles »
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Outdated Credit Tech Costs U.S. Travelers
istockAnalyst.com (press release) - Jun 27, 2011
Until now, Americans had in a mess mostly at ticket kiosks, non- bank cash machines, parking garages and gas stations - anything automated - but most European hotels, restaurants and retailers have been masterly to process cards based on either technology, and more »
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Debit Card Fees: The Ball Is in Bernanke's Court
International Business Times - Jun 10, 2011
Debit Card Fees: The Ball Is in Bernanke's Court that the higher fees banks will instruct on checking accounts to recover lost debit-card revenue could push perhaps 5 percent of current bank customers out of the system and into the use of balk-cashing stores and other nonbank financial services. Durbin's Innovation Killerall 1,440 word articles »
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Newtek Business Services, Inc., The Small Business Authority, Increases ...
PR Newswire (press release) - Jun 21, 2011
Electronic Payment Processing: eCommerce, electronic solutions to agree to bear non-cash payments, including credit and debit cards, check conversion, remote sediment capture, ACH processing, and electronic gift and loyalty card programs. and more »
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Banks Fight Back
LoanSafe - Jun 28, 2011
Sydney Morning Herald(Commencement: Record, The; Bergen County, NJ by Richard Newman) – This month, bankers helpless a major battle with retailers over debit- card swipe fees, the latest fight in what promises to be a much larger and longer struggle to determine the most extensive all 59 news articles »
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New Wal-Mart Kiosks Present Threat to Banks
BankInvestmentConsultant.com - Jun 13, 2011
It has battled with card networks and banks over interchange fees and stands to be one of the biggest beneficiaries of the in abeyance regulatory caps on debit interchange from the Dodd-Frank Act. It scrapped an application to charter an industrial bank in and more »
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Financial Technology Partners Advises EDC on Its Highly Successful $145000000 ...
Sacramento Bee - Jun 27, 2011
EDC ATM Subsidiary and Efmark Deployment I (collectively, "EDC"), is a fiscal services company for consumers who want a quick, easy-to-use, and affordable way to access moolah, pay bills, obtain prepaid debit cards, and perform a variety of other and more »
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MidSouth CEO hitting the Bloomberg airwaves
The INDsider - Jun 10, 2011
One spot of interest for Cloutier is the new Federal Reserve policy still in limbo of capping the fees banks assault for each debit card transaction made. Banks charge a small fee to process each debit card transaction, and the 12-cent cap proposed has
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M-Commerce Market in China and Globally
CircleID - Jun 10, 2011
In 2005, TOM partnered with Fusion Mobile Pay, the sole authorised mobile payment gateway on China Mobile's stand, to jointly develop and market bank card, debit card and credit card-based mobile payment products and services in China.
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PayFlex® Receives IRS Approval as a Non-Bank Custodian for its HSA Solution
Business Wire (press release) - Jun 14, 2011
Our game is to feature those types of innovative HSA solutions all on one platform, supported by one debit card and one call center.” In the HealthHub HSA mock-up, organizations can maximize returns on deposits, allow participants to open accounts in and more »
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