Regulation -

Financial Institution responds to retailers’ debit rule complaint

A coalition of financial institution trade associations recently petitioned to file an amicus brief in a lawsuit filed by a group of retail associations balking at the Federal Reserve Board’s rule implementing the Durbin Amendment.  The suit alleges the final debit interchange rule is flawed because the Fed did not adhere to the law when [...]

The post Financial Institution responds to retailers’ debit rule complaint appeared first on Payments Cards & Mobile.