The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
Merchants defending U.S. District Court Judge Richard Leon's decision overturning the Federal Reserve's Debit Interchange Regulation filed arguments defending Leon's decision before U.S. Court of Appeals for the District of Columbia Circuit.
In many ways, the appeal briefs paralleled the arguments presented to the lower court, but significantly, the merchants were more explicit about not necessarily demanding debit issuers reissue their existing cards.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
