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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 9, 2012
Both sides of testy dispute issue statements ahead of New York hearing.
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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 Eileen Courter |
July 22, 2012
As far as Bob Fisher, president/CEO of Grow Financial Federal Credit Union, is concerned, joining the Billionaires Club doesn’t mean you don’t need to stop growing. In fact, he believes growth is essential.
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By David Morrison |
December 14, 2011
Black Friday spending up 8.1% this year, CO-OP says.
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By David Morrison |
November 14, 2011
Credit unions looking to boost fee income with card interchange from holiday sales may not see as much holiday cheer as last year.
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By Claude R. Marx |
April 20, 2011
Retail and financial service industries are duking it out over attempts to regulate debit interchange fees.
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By David Morrison |
October 13, 2010
The U.S. Justice Department announced last week that a long-running antitrust investigation against the three largest card brands has ended in a settlement with two of the three and litigation against the third.
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By David Morrison |
October 5, 2010
Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.
