A Friday ruling allows retailers who opted out of last year's settlement to proceed with new suits. Card brands can also countersue retailers.
A new Aité Group report says cash is more expensive for retailers than cards. Retailer groups disagree.
WASHINGTON — An academic panel discusses how electronic payments could better benefit low-income consumers.
E-commerce merchant Mitch Goldstone filed the interchange antitrust lawsuit back in 2005.
The Members Group's Brian Day says a mobile payments explosion will catch many credit unions off guard.
Risk-based capital, interest rate risk and cybersecurity will be hot topics at CUNA's San Francisco conference.
PULSE survey finds 17% of credit unions said they'll face the risk.
Retailers displeased with U.S. District Court Judge John Gleeson's adjudicated settlement of litigation surrounding credit card interchange appealed his decision last week.
Some retailers appeal a settlement other retailers had reached with Visa, MasterCard and six major banks.
Sam's Club, Wal-Mart's membership-only retail warehouse operation, will issue proprietary credit cards that will carry an EMV chip for authentication beginning June 23, the company said.