National Association Of Convenience Stores Sues Federal Reserve Over Debit Card Fees

Nov. 23, 2011
Debit card swipe fee reform regulations issued by the Federal Reserve have allowed big banks to continue charging unjustifiably high swipe fees and discouraged price competition among credit card networks.

Debit card swipe fee reform regulations issued by the Federal Reserve have allowed big banks to continue charging unjustifiably high swipe fees and discouraged price competition among credit card networks, according to a lawsuit filed in federal court today by National Association of Convenience Stores. For the full story, click here.