In briefs filed August 28, all parties to a recent decision overturning the Federal Reserve’s debit interchange regulation urged U.S. District Court Judge Richard Leon to leave it in place until further appeals of his July 31 decision are exhausted.
Briefs filed this week lay out positions, including merchant coalition that banks and card brands would hike interchange while case moves forward.
Some things to consider before filling in all the blanks, like maybe new UBIT tax, interchange rate and interest rate impact on the bottom line.
This week, I received the same dreaded email that you did, or soon will: it’s time to work on the 2014 budget.
Two instead of four unaffiliated payment networks could be required as result of federal judge's ruling.
This Opinion piece looks at diverse opportunities for new products and income presented by deploying EMV cards at the ATM.
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.
Decision can still be appealed and National Retail Federation said it's considering that route.
Both sides of testy dispute issue statements ahead of New York hearing.
Illinois senator files brief in case seeking to force Fed to cut interchange costs further.