Swipe fees charged by big banks and card networks to process credit and debit card transactions totaled $198.25 billion in 2025, up 5.9% from the previous yea ...

The U.S. Federal Reserve on Wednesday suggested that “swipe fees” – or fees that banks can charge merchants for processing debit-card transactions -- be slashed by nearly a third, something that would ...

A fraud attempt on a never-used debit card reveals a surprising way criminals can exploit card numbers digitally without ...

Last month, TCF Financial Corp. took the bold step of suing its own government regulator, the Federal Reserve Board of Governors and Fed chairman Ben Bernanke, over regulatory changes that would limit ...

Peter Lucas December 29, 2025 Acquiring, Competitive Strategies, Debit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Mobile Commerce, Point-of-sale, Pricing, Transaction Processing [Aug.

Debit cards feel safe because they are familiar, fast and backed by a bank account that quietly absorbs every tap and swipe. Yet the very design that makes them convenient also exposes you to risks ...

(i) the incremental cost incurred by an issuer for the role of the issuer in the authorization, clearance, or settlement of a particular electronic debit transaction, which cost shall be considered ...

With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One ...

Recently, the Fed released its eighth biennial report on debit card transactions, providing an in-depth look at industry trends for 2023, pursuant to Section 920 of the EFTA. The report stated that ...

Debit card issuers have nine months to ensure all transactions made with their cards — including card-not-present payments — can be processed by at least two unaffiliated networks. Processing Content ...