interchange

• Another Retail Group Comes Out Against Card Settlement

  By David Morrison  |  August 22, 2012

  Interchange settlement now opposed by Retail Industry Leaders Association, which includes Walmrt, Apple, Pepboys and Abercrombie & Fitch, among others.

• Another Association Opposes Card Settlement

  By David Morrison  |  July 26, 2012

  National Grocers Association comes out against the proposed anti-trust settlement between retailers and the major card brands and some major card issuers.

• Retailer Opposition to Card Settlement Appears Growing

  By David Morrison  |  July 25, 2012

  Walmart says it's disappointed in settlement and some retail associations are advising members to not agree to proposal.

• Industry Compares Card Settlement to Durbin Amendment

  By David Morrison  |  July 16, 2012

  Reaction to settlement of longstanding credit card anti-trust suit.

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  Durbin Impact Feud Continues Unabated

  By David Morrison  |  June 18, 2012

  Retail associations are celebrating what they are calling a year since their legislative victory in the battle over the Durbin amendment by asserting that none of amendment opponents' dire predictions have come true.

• One Year After Durbin, Retailers Celebrate

  By David Morrison  |  June 8, 2012

  Merchant Payments Coalition says credit unions, community banks have benefited.

• Durbin Sides With Retailers in Interchange Case

  By David Morrison  |  May 11, 2012

  Illinois senator files brief in case seeking to force Fed to cut interchange costs further.

• Fed Report Shows 2011Q4 Interchange Income Unchanged for Most Credit Unions

  By Heather Anderson  |  May 1, 2012

  Fed says most credit unions didn’t experience a drop in interchange income immediately after the Durbin Amendment went into effect last fall.

• Gasoline Retailers Pocketing Durbin Windfall, Payments Trade Says

  By David Morrison  |  April 16, 2012

  Rather than pass debit interchange savings from the Durbin Amendment on to consumers, gasoline retailers are pocketing the difference, the Electronic Payments Coalition says.

• CU Trades File Brief In Debit Case

  By David Morrison  |  March 15, 2012

  CUNA, NAFCU join opposition to merchants' bid to cut debit interchange deeper.