CEO Adams said the Durbin Amendment sent billions in interchange to retailers, but financial institutions still bear risk and cost of breaches.
A second credit union files a lawsuit against the Minneapolis-based retailer over massive data breach.
New York’s ban on retailers charging a surcharge for credit card purchases was ruled unconstitutional Oct. 3 by a federal court judge.
Agrees with retailers that Empire State law against informing consumers infringes on First Amendment rights.
Wendy's exec says reduced fraud costs may not offset expense of creating POS system for chip cards.