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.
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.
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.
Analysts, payment executives advise limiting debit network participation in order to protect their debit interchange income.