PYMNTS-MonitorEdge-May-2024

supreme court

Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
January 17, 2024  |  Apple

For Apple, the move to forge an ecosystem with services at the center has been years in the making. But now, with new payments practices...

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Supreme Court Won’t Hear Apple App Store Payment Case
Supreme Court Won’t Hear Apple App Store Payment Case
January 16, 2024  |  Apple

The Supreme Court will not hear Apple’s appeal in its legal battle with Epic Games. As Bloomberg News reported Tuesday (Jan. 16), the decision means that a 2023...

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Justice Roberts: AI in Legal System Requires ‘Caution and Humility’
Justice Roberts: AI in Legal System Requires ‘Caution and Humility’
January 02, 2024  |  artificial intelligence

America’s top jurist says artificial intelligence (AI) will significantly impact the legal system. Supreme Court Chief Justice John Roberts devoted a large portion of his year-end message...

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CFPB Faces Crucial Supreme Court Decision on Funding in 2024
CFPB Faces Crucial Supreme Court Decision on Funding in 2024
December 27, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is reportedly set to face a crucial year in 2024 as the Supreme Court’s decisions loom over its plans...

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5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in 2024 
5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in...
December 20, 2023  |  Regulation

December’s on the way out. Congress is quiet, on recess until the beginning of next year. The Supreme Court’s not hearing arguments at the moment....

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Biden Erases $127 Billion in Student Debt Despite Court Ruling
Biden Erases $127 Billion in Student Debt Despite Court Ruling
November 12, 2023  |  Loans

The federal government has erased more than $127 billion in student loans since 2021. That debt forgiveness came from changes to existing programs, Bloomberg News...

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Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
Challenges and Changes Loom as Fed Mulls and Court Considers Debit Interchange Fees
October 19, 2023  |  Regulation

Debit interchange fees may see a revamp — a refashioning of the charges levied on merchants, the likes of which has not been seen in...

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Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction
October 18, 2023  |  Consumer Payments

Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for...

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Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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