Interchange settlement now opposed by Retail Industry Leaders Association, which includes Walmrt, Apple, Pepboys and Abercrombie & Fitch, among others.
Merchant Payments Coalition says not all retailers keen on agreement with card brands and issuers and that it only becomes final if enough agree.
CUNA and NAFCU expressed a measure of relief about credit card settlement that could impact credit union credit card programs.
Reaction to settlement of longstanding credit card anti-trust suit.
The $1.4 billion State Department Federal Credit Union in Alexandria, Va., is now offering its 67,500 members a Visa-branded EMV credit card.
Retail associations are celebrating what they are calling a year since their legislative victory in the battle over the Durbin amendment by asserting that none of amendment opponents' dire predictions have come true.
More than a third of the membership's data said exposed online.
Merchant Payments Coalition says credit unions, community banks have benefited.
When it comes to lower income and underserved consumers, the chief challenge facing some mainstream credit unions and banks may not be how to serve them competitively but whether to serve them at all.
Which type of EMV chip technology, chip-and-PIN or chip-and-signature, is best suited to support the country’s migration to EMV?