Brazil Central Bank Limits Prepaid Interchange Rates
The Central Bank of Brazil issued new guidelines on interchange rates for prepaid card and debit card transactions, with new ...
Tag: interchange
Is the Neo Bank Bubble About to Burst?
With looming indicators that the economy is in for a prolonged downturn, concerns have been raised about the ability of ...
Doing Durbin: Senate Hearing on Credit Card Interchange Begins Today
Many question the promises and results of the original Durbin Amendment, which grew out of the Great Recession. The Credit ...
Fighting Fire with Fire: Bankers Want No Changes to Durbin Amendment
Interchange rates are the fees that merchants pay to card issuers for the acceptance of credit and debit cards. These ...
Apple Steps Closer Towards Launching U.K. Apple Card
Apple appears to be closer to launching Apple Card in the United Kingdom following their purchase of Credit Kudos, a ...
Lawsuit over Debit Interchange Is Dismissed
Last April, the North Dakota Retail Association and the North Dakota Petroleum Marketers Association sued the Federal Reserve Board in ...
Visa Lowers Interchange Fees
In an effort to support small businesses recovering from the impact of the COVID-19 pandemic, Visa announced that it will ...
Is N26’s U.S. Withdrawal the Beginning of the End of Challenger Banks?
Finextra reported today that German challenger bank N26 would be exiting the U.S. market to focus its investments in its ...
Amazon Refuses to Accept Visa Credit Cards in UK
Amazon announced that beginning on Jan 19, 2022 it will no longer accept Visa credit cards issues by UK banks. ...
Trends That are Transforming the Payments Industry
The pandemic altered the financial services industry and subsequently impacted the behavior of consumers, from the way they interact to ...
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