On August 6, the U.S. District Court for the District of North Dakota granted the plaintiff’s motion for summary judgment and denied the Fed’s cross-motion for summary judgment. The court found that ...
A top official with the Federal Reserve Board of Governors wants a better understanding of recent Supreme Court decisions before the central bank changes its cap on debit interchange fees. "The legal ...
On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...
Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...
BISMARCK, N.D. - A federal judge in North Dakota has ruled that the Federal Reserve erred in 2011 when it set the long-standing cap on debit card "swipe" fees charged to retailers. U.S. District Judge ...
The following information was released by the Credit Union National Association (CUNA): A Kentucky U.S. District Court ruled this week the Federal Reserve's debit interchange Regulation II is lawful ...
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Robert Day is the MP at weAudit.com and the author of The Great American Heist: How Credit Card Processors Steal Businesses' Profits. Some credit card processors employ a deceptive tactic known as ...
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