MCX’s CEO calls press conference to talk details, early 2015 national launch plans.
Pharmacy chains Rite Aid and CVS disable NFC systems, signaling MCX alliance.
President Obama has launched an initiative through an executive order called “Buy Secure” to help motivate companies to implement safer payment methods.
Payments Security Task Force says estimates are based on acquirers that represent 80% of U.S. purchase volume.
Credit unions not involved in Monday's launch will still have to brace for what they need to know and do.
President launches initiative to motivate companies to implement safer payment methods.
Senate Majority Whip Richard Durbin (D-Ill.) joins retailers filing briefs urging the Supreme Court to hear the interchange suit.
Automatic card reissuances might be a knee-jerk reaction.
Sen. Dick Durbin (D-Ill.) files an amicus brief with the Supreme Court, arguing for a lower Fed interchange cap.
A credit union CEO and a financial analyst say Wal-Mart's new checking account won't directly compete with credit unions.