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Debit Reform

Bank of America's Backtrack on Fees Is Proof Debit Reform Is Working

Douglas Kantor | Posted 02.26.2013 | Business
Douglas Kantor

Bank of America's recent decision to back down on new checking fees next year is further proof debit card swipe fee reform has resulted in greater marketplace competition benefitting consumers.

A Year After Debit Reform, Consumers Benefit Even as Banks Cast False Blame

Douglas Kantor | Posted 11.23.2012 | Business
Douglas Kantor

While the average American is making less and the income gap widens, profits in the banking industry are higher than they were pre-recession.