BY David Heun
American Airlines and US Airways have argued that the combined airline will be good for "competition, consumers and choice." But just days before the merger's closing, changes that the airlines have made to a popular credit card reward may end up having the opposite effect.
The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the requirement for merchants to have two unaffiliated networks to choose from for routing transactions. more »
The Feds vision of a vastly improved payments system within 10 years is getting a chilly reception from a group representing the nations largest banks. more »
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