CFPB Monitor

MAY 12, 2021

The Durbin Amendment (Section 1075 of Dodd-Frank) authorized the Fed to issue regulations to ensure that the amount of any interchange fee received by a large debit card issuer (one with at least $10 billion of assets, together with its affiliates) is reasonable and proportional to the cost incurred by the issuer. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

NOVEMBER 12, 2020

It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. The new store in Woodland Park will take the place of a closed Fairway Market in a shopping center that also has a GameStop, Barnes & Noble and Kohl’s department store.

South Dakota 225

South Dakota North Dakota New Jersey Los Angeles 225

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. Notable merchant partners include Best Buy, Home Depot, and Target. According to Kristen E.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JUNE 30, 2016

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

Mobile 104

Mobile Samsung Apple Missouri 104

PYMNTS

JUNE 24, 2016

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Costco Card. The Costco Card has generated a lot of buzz. That has left them sans card since the switch went into effect on Monday.

Lending 101

Lending Online South Dakota North Dakota 101

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Let’s see how this new scale allows for big investments in future innovation.

Community 216

Community Fintech Industry Innovation 216