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Tag: credit card

RILA Calls for Federal Reserve to Adjust Interchange Rates to Reflect Actual Costs

Austen Jensen, Retail Industry Leaders Association executive vice president, government affairs, issued a statement ahead of the Federal Reserve’s meeting today where they will discuss lowering the interchange rate on debit transactions for all merchants.

A Booming Marketplace for Stolen Credit Card Data Should Fuel Investment in Fraud Prevention...

Retailers will probably lose $130 billion from CNP fraud between 2018 and 2023, according to a 2019 market forecast study by Juniper Research on online payment fraud.
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