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By David Morrison |
November 21, 2012
The multiple-party, multiple-year case over credit card interchange moved one step closer to resolution on Nov. 9 when the Honorable Judge John Gleeson granted preliminary approval of the settlement agreement between retailers, payment networks and nine major card issuers.
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By David Morrison |
November 9, 2012
Decision can still be appealed and National Retail Federation said it's considering that route.
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By David Morrison |
November 9, 2012
Both sides of testy dispute issue statements ahead of New York hearing.
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By David Morrison |
May 11, 2012
Illinois senator files brief in case seeking to force Fed to cut interchange costs further.
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By Bruce Hopkins |
January 20, 2012
Credit unions will need to continue to seek out and provide a full – and expanding – range of services if they wish to position themselves as their members’ payment provider of choice in 2012.
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By David Morrison |
July 31, 2011
Now that regulations implementing the Durbin amendment are finalized–at least for the short term–credit unions have to decide how many debit networks they want and if they have to join any.
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By David Morrison |
July 27, 2011
Analysts, payment executives advise limiting debit network participation in order to protect their debit interchange income.
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By David Morrison |
April 27, 2011
WASHINGTON — Despite news of the massive Sony PlayStation breach, a Visa executive says progress is being made in overall data security.
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By David Morrison |
March 30, 2011
Craig Esrael, chairman of the board of PSCU Financial Services, said a succession plan made years before had helped lead the giant payments CUSO to choose a relatively little known payment executive as its next CEO.
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By Claude R. Marx |
March 2, 2011
Comment letters, congressional testimony and in-person visits with lawmakers in Washington are key components of a concerted strategy to kill, delay implementation of or at the least modify the Federal Reserve’s proposed rule on debit interchange fees.