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D.C. taxis to take credit cards by Aug. 31
WASHINGTON — Taxicabs in the District of Columbia will be required to accept credit and debit cards by the end of August. The D.C. Taxicab Commission approved the requirement on […]
Fed says retailers paying a lot less in debit fees
WASHINGTON — Retailers are paying significantly less every time a customer swipes a debit card under a rule capping the fees that banks are allowed to charge. The Federal Reserve […]
Bumpy earnings season ahead for banks
NEW YORK — You can usually tell a lot about the health of the U.S. economy by looking at the financial results of banks. They’re the people who finance new […]
SunTrust latest to reverse $5 monthly debit fee
NEW YORK — SunTrust Banks Inc. said on Monday it will stop charging a $5-per-month fee for using debit cards and return the fees it’s collected since June to its […]
Lawmakers seek probe on banks’ new debit card fees
WASHINGTON — Democratic lawmakers are asking the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using […]
Fed sets 21-cent cap on retailer debit swipe fees
WASHINGTON — The Federal Reserve is poised to limit the fees that banks can charge retailers for swiping debit cards to 21 cents, a higher cap than initially proposed. Banks […]
Banks offer cash transfers to cell number, e-mail
WASHINGTON — Three of America’s four largest banks are launching a system that lets customers transfer money from their checking accounts using only a mobile number or e-mail address. The […]
