WASHINGTON — In a first-ever webcast meeting of the Federal Reserve Board last week, its members voted unanimously in favor of a proposed rule that would limit debit-card interchange fees. Retailers ...

Jan 10 (Reuters) - A U.S. judge on Tuesday said debit card users in nearly a dozen states may pursue class-action claims accusing American Express AXP.N of driving up merchants’ fees on transactions ...

Under the Federal Reserve's new rule, all debit card purchases must be able to be routed through multiple networks, whether they are made in person or online. Industry groups are asking the Federal ...

Recent meetings between Federal Reserve staff members, consumer groups, and payments executives show just how divergent the views are as the Fed prepares the first-ever regulations on U.S. payment ...

For Visa Inc., MasterCard Worldwide and competing payments networks, a more critical provision than interchange pricing remains unresolved in the Federal Reserve’s proposed debit rules. Processing ...

Newly solidified Federal Reserve guidelines on debit-card routing could have some impact on the financial performance of payment-technology companies, but the latest rules weren’t as onerous for the ...

The IRS’s recent Chief Counsel Advice Memorandum 202317020 (the “Memo”) brings into focus the importance of compliance with the debit card claims substantiation requirements for medical care expenses ...