7+ hour, 5+ min ago  (118+ words) On 31 March 2026, the Reserve Bank of Australia (RBA) published its conclusions paper titled Merchant Card Payments Costs and Surcharging. The RBA outlined a range of changes including three key reforms to card payment surcharging and costs, specifically: On 1 October 2026, the…...

6+ mon, 2+ week ago  (460+ words) On September 12, the U. S. District Court for the Eastern District of Kentucky upheld the Federal Reserve Board's Regulation II cap on debit-card interchange fees, rejecting a merchant's Administrative Procedure Act challenge. The court concluded the rule is neither "contrary to law…...

7+ mon, 3+ week ago  (400+ words) On August 6, the U. S. District Court for the District of North Dakota'vacated'the Federal Reserve's 2011'Regulation II interchange fee cap rule, finding that the rule allegedly exceeded the FRB's authority under the Durbin Amendment of the Dodd-Frank Act. The court determined that…...

10+ mon, 3+ week ago  (192+ words) On May 9, President Trump signed a Congressional Review Act'resolution'repealing the CFPB's final rule restricting overdraft fees at large financial institutions.'The rule, originally finalized under the Biden administration, would have imposed new limits on overdraft fees charged by banks with…...