Wal-Mart stopped accepting Visa cards in its three stores in Thunder Bay, Ontario, in June, and recently announced plans to extend the action to its 16 Manitoba stores.

The U.S. District Court for the District of Columbia Monday said it will issue an order providing the Federal Reserve Board 60 days to resolve the final issue remaining from merchants’ lawsuit challenging its debit card interchange transaction fees regulation: how it treats transactions-monitoring costs.

The U.S. District Court for the District of Columbia will conduct a status conference today on a case involving the Federal Reserve’s rules regarding debit card interchange fees.

Although often soft-peddled, member debit card use is one of the best ways for credit unions to generate noninterest income, debit card providers say.

The Fed will maintain its interchange fee standard and fraud prevention adjustment after reviewing data from a September interchange report.

What happens if a Jedi judge, with the stroke of an 18th-century quill, does what tech companies have been trying in vain to do for the past three years?

District court’s decision to invalidate debit interchange fee rule compounds Durbin’s negative consequences.

Supporting member services in branches and growing revenue do not have to be mutually exclusive propositions.

Despite regulatory changes that have slowed debit card use, financial institutions stand to gain by prioritizing their programs.

CUs face “crisis of creeping complexity” in regulations.