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.
Mount Royal University student Devin DeFraine was pretty upset by getting hit with an extra fee to pay his tuition, so he took it out on his school by...
WASHINGTON -- The "dark money" nonprofit Crossroads GPS is taking a new tack in its attacks on two Democratic Senate candidates, Montana Sen. Jon Test...
NEW YORK -- Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuer...
Merchants may soon begin to impose a surcharge each time a customer pays with credit card, a practice Visa Inc. V -2.23% and MasterCard Inc. MA -3.36%...
WASHINGTON -- Ten months after the American retailers won a lobbying victory on Capitol Hill against debit card swipe fees, a trade group representing...
Last year's wild legislative melee over debit card swipe fees featured a curious contradiction: Although big Wall Street banks stood to lose the most ...
After being rebuffed in its efforts to charge $5 per month for debit card use, Bank of America is gambling on the optimism of American consumers and g...
As tighter federal regulations have been placed on debit cards, credit cards have come back with a vengeance. Banks have spent the past year pushing c...
CORDOVA, S.C.-- Shawana Busby does not seem like the sort of customer who would be at the center of a major bank's business plan. Out of work for much...
Out of work and living on a $189-a-week unemployment check, Rob Linville needs to watch every penny. Lately, he has been watching too many pennies dis...
Bank of America is reportedly scaling back its plans to charge a $5 debit card fee to its customers, but Rep. Brad Miller (D-N.C.) is still pushing le...
Just days after Wells Fargo announced a $4 billion profit over the past three months, Sen. Dick Durbin (D-Ill.) has asked the bank why it feels forced...
WASHINGTON -- House Democrats responding to the recent announcement of a new Bank of America debit card fee are calling for a Department of Justice in...
As big banks ratchet up fees on once-free checking accounts, they’re looking to entice some of their most credit-worthy customers to take on more de...
On Sunday night, Rep. Brad Miller, a Democrat from Bank of America's home state of North Carolina, attended a general assembly meeting of Occupy Ralei...
WASHINGTON -- While demonstrators in New York are calling for an occupation of Wall Street, a new push by Democrats in Congress proposes a different t...