Fed to Float Deep Cuts to Debit-Card Swipe Fees

[ad_1] Updated Oct. 25, 2023 12:57 pm ET WASHINGTON—The Federal Reserve is set to propose lowering by about 30% the fees merchants pay to many banks when consumers shop with…

WSJ News Exclusive | Fed to Propose Lowering Debit-Card Swipe Fees

[ad_1] The move would reduce the fees that banks receive when consumers shop with debit cards. [ad_2] Source link

Debit cards face threat over UPI preference

[ad_1] Debit cards may struggle to retain their utilities intact at a time when the preference for the Unified Payments Interface (UPI) platform across India has been on the rise.…

How a Tiny Bank in a Washington Farming Town Got Tangled Up With FTX

[ad_1] FTX executives discussed using Moonstone bank to offer interest-bearing crypto accounts. [ad_2] Source link