You may see routing and account numbers on checks written on your account and wonder what they mean. They are the two sets of numbers that banks rely on to ensure the money moves between the correct ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. “The very reason Congress passed the Durbin Amendment is because the U.S.

The latest trick to drain your checking account doesn’t require your debit card. Just your bank and routing numbers. Fraudsters posing as prize promoters or special-offer reps convince victims to ...

The Federal Trade Commission is investigating whether Visa Inc. and Mastercard Inc.’s security tokens restrict debit-card routing competition on online payments, according to people familiar with the ...

The department is looking into the network’s rules for routing transactions both in stores and online, according to a person familiar with the matter. Representatives for Visa and the Justice ...

More winners and losers are beginning to emerge from new debit card network-routing rules that go into effect April 1. U.S. Bancorp’s Elan Financial Services unit on Feb. 22 announced that its ...

The real winners from the Fed’s latest debit card routing rule aren’t the merchants. And they certainly aren’t the banks. Guess who? In the last decade, the flow of funds across debit card networks ...

The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc's security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported on ...

The Federal Trade Commission is investigating whether Visa Inc.V-1.18%decrease; red down pointing triangle and Mastercard Inc.’s MA-0.87%decrease; red down pointing triangle security tokens restrict ...