retail groups

• Retail Group Says Credit Union Data Shows Interchange Exemption Works

  By David Morrison  |  January 7, 2013

  Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.

• Interchange Deal Advances

  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.

• Court Grants Preliminary Approval to Interchange Deal

  By David Morrison  |  November 9, 2012

  Decision can still be appealed and National Retail Federation said it's considering that route.

• Two Retail Groups Ask Judge to Scuttle Proposed Settlement

  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.

• Grumbles Aside, Interchange Dispute Moves Toward Settlement

  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.

• Definitive Interchange Settlement Expected

  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.

• Legal Action Against Interchange Settlement Appears Likely

  By David Morrison  |  September 11, 2012

  National Retail Federation exploring intervention, not a party to the original legal fight.

• Card Settlement Retail Opposition Grows

  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.

• Merchants Signaling Displeasure With Settlement

  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.

• Senate Showdown on Interchange Delay Could Be Next Wednesday

  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.