Millions of Social Security recipients who receive their monthly benefits through Direct Express prepaid debit cards are ...

Instead of Taxing the Rich, Let Americans Invest Like Them Do EU Transfer Payments Fuel Corruption? Banks will find other ways to make up for lost revenue. While some lawmakers and regulators are ...

Those who tout credit cards over debit cards claim usage of the latter is tantamount to giving away one’s money. Conversely, charge cards offer cash-back plans, airline miles, credit toward future ...

The Federal Reserve has done it again! Just when you thought navigating the labyrinth of modern banking couldn't get any more exhausting, they bring out a new proposal that promises to deliver more ...

The U.S. Court of Appeals upheld the Federal Reserve’s current rules for debit card interchange fees that require banks to charge retailers a limit of 21 cents for every transaction. The ruling ...

As we previously blogged, the Board of Governors of the Federal Reserve (the “Board”) held an open meeting on October 25, 2023 to discuss the debit card interchange fee cap. The debit card interchange ...

Debit cards can go through even with insufficient funds due to overdraft protection, leading to unexpected fees. Know your ...

Discover Visa cards, their types, how they process transactions, and their differences from Mastercard. Explore credit, debit ...