NACS, the Association for Convenience and Petroleum Retailing, has urged its members to write the Federal Reserve in support of its cap on debit card interchange.
ATM manufacturer NCR already gets 75% of its earnings from international sales, and the firm said it has put together a sales team to both sustain and grow that market.
Allied Credit Union President/CEO Frank Michael will be one of seven people testifying at the Feb. 17 hearing on the Federal Reserve's proposed rule on interchange fees, the House Financial Services Committee announced today.
Thanks to the credit union lobby, Michigan lawmakers look to be first in the nation to act next week on a non-binding resolution seeking to halt or delay the Federal Reserve's debit interchange rules.
Some members of the $522 million National Institutes of Health Federal Credit Union have been told the interest rates going forward on their NIHFCU branded credit cards are going up.
