Leading into the busy holiday season, the Merchants Payments Coalition isn’t being shy with how they feel about the bank. More specifically, the group has called out the banks, saying that they are “giving thanks for outrageous fees that raise consumer prices,” in its latest...
When it comes to managing money, nobody’s perfect — and that includes the Federal Reserve System. According to a new report from the Richmond Federal Reserve, the Fed’s attempted implementation of reforms designed to make the market for debit card fees competitive did not go off...
December 10, 2015
Merchants Payments Coalition has issued a press release outlining reforms in credit card fees paid by merchants throughout the European Union to process credit card payments, and suggesting that this move may spur similar reforms here in the U.S. The release outlines the setting of a maximum “swipe fee” of 0.2 percent on debit cards […]
November 24, 2015
Leading into the busy holiday season, the Merchants Payments Coalition isn’t being shy with how they feel about the bank. More specifically, the group has called out the banks, saying...
August 19, 2015
When it comes to managing money, nobody’s perfect — and that includes the Federal Reserve System. According to a new report from the Richmond Federal Reserve, the Fed’s attempted implementation of...