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By David Morrison |
January 7, 2013
Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.
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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 2, 2012
Two trade associations of retailers have filed briefs asking a judge to reject the proposed settlement of that suit.
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By David Morrison |
October 31, 2012
The negotiated settlement meant to end the longstanding dispute over credit card interchange moved closer to becoming final last week as attorneys for both sides in the dispute proposed a final settlement agreement to the U.S. District Court in New York and made a motion for its approval.
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By David Morrison |
October 19, 2012
The Electronic Payments Coalition expects both sides of a proposed settlement on card interchange will file definitive settlement agreement on Friday.
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By David Morrison |
September 11, 2012
National Retail Federation exploring intervention, not a party to the original legal fight.
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By David Morrison |
July 30, 2012
An increasing number of retailers appear to be coming out in opposition to the recent proposed settlement of the antitrust case centering on credit card interchange.
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By David Morrison |
July 19, 2012
Merchant Payments Coalition says not all retailers keen on agreement with card brands and issuers and that it only becomes final if enough agree.
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By Claude R. Marx |
June 3, 2011
Several sources tell Credit Union Times that Sen. Jon Tester (D-Mont.) will offer amendment during debate of a funding bill.