“Banking groups pushing to curtail the limits appeared to have the support of a bipartisan group of senators Wednesday, as the interchange rules faced harsh criticism from several panel members.”
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
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New Pushback on Durbin
Politico
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Debit-card destruction
Washington Times
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What Others Are Saying
‘Swipe’ Fee Cap May Force Fees, Job Cuts, Bankers Say
Bloomberg
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General