Tag:

Debit Card Fees

Latest Headlines

Latest Headlines

Settlement could cut credit card interchange fees

In the wave of the Durbin Amendment, we suggested that banks will likely promote credit card usage at the expense of debit card usage. We are seeing that happen in in subtle ways, which makes sense...

Credit card interchange fees loom as big revenue source

The bank industry continues to chafe under the Durbin Amendment, leading to lots of angst as to how the lost swipe fees will be offset. Especially at this time of year, perhaps the industry should

As Chase kills two more fees, banks fight for customers

Are the largest banks spooked by the public backlash against Bank of America's debit card fee foray, the fallout of which has engulfed them all? To be sure, we've seen banks beat a fast retreat from