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

Brown: Swipe fee hikes: a threat to Wyoming’s business-friendly environment

[ad_1] In Wyoming, we are proud to foster a pro-business environment and be a place for entrepreneurs to thrive. In fact, Forbes announced a new ranking from Venture Smarter that…

‘Has Rahul Gandhi joined psephology?’: Himanta Sarma takes a swipe at Cong MP

[ad_1] Assam chief minister Himanta Biswa Sarma lashed out at Congress leader Rahul Gandhi on Sunday after the latter’s assertions about the 2024 Lok Sabha polls. The Wayanad MP had…

Opinion: Credit card swipe fees are plaguing businesses — this bill would help

[ad_1] Momentum is building in Washington to address the high credit card “swipe fees” that are plaguing merchants in Utah and around the country. As a former business executive that…

Tory peer takes swipe at FCA over brokers’ merger approval

[ad_1] Lord Leigh of Hurley has accused the City watchdog of acting as “a block on economic growth” as his employer seeks to conclude its merger with rival Cenkos. By…

Time to help small businesses with credit card swipe fee relief

[ad_1] Let free market competition bring down costs Jean-Marc Katzeff  |  Fort Myers News-Press In the past legislative session, Florida lawmakers tried to pass legislation that would bring down costs…

Bipartisan bill to address credit card swipe fees would help small businesses

[ad_1] Federal legislation was recently introduced to address the high fees businesses fork over every time a customer pays with a credit card. It’s an expense that’s required whether plastic is swiped…

SEC’s Gary Gensler takes another swipe at crypto in educational video

[ad_1] Another swipe has been taken at the crypto industry by the chair of the United States securities regulator, who claimed many crypto platforms are operating in violation of securities…

China takes swipe at Western ‘friend-shoring’ efforts

[ad_1] WASHINGTON: China’s central bank governor on Friday (Apr 14) took a swipe at efforts by Western economies to trade more with allies and rely less on the world’s largest…