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July 30, 2010

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Visa Hopes It Can Come to Terms with the Justice Department

Barely a week after Congress landed a hard left punch on the card networks, the U.S. Department of Justice might be about to land a right in the form of a lawsuit challenging network rules aimed at preventing merchants from surcharging for credit card payments or otherwise steering customers toward less-expensive payment... more

The Emerging Case for a Rules Change to Force Same-Day ACH
With the Federal Reserve set to begin offering on Monday same-day clearing of automated clearing...

Acculynk Scores Again, This Time with Its MasterCard Pact
Just two weeks after announcing its biggest EFT network partnership with the Discover Financial...

Some NFC Consensus Emerges, Thanks to Fed Mediation
Executives with a number of the leading players in telecommunications and electronic payments have...

The Dodd-Frank Interchange Haircut Could Exceed $10 Billion
Visa and MasterCard debit card issuers stand to lose up to $10.7 billion in interchange income a...

Regulation, Economy Weigh on Acquiring Executives’ Minds
In a year when Congress is beefing up regulation of the financial system, merchant-acquiring...

PayPal Sees Transaction Growth Level off in the Latest Quarter
The nation’s sluggish recovery from a long and deep recession kept second-quarter transaction...

Square’s Founder Says the Main Act Is About To Begin
After taking a time out in June to resolve problems ranging from a parts shortage to merchant...

As the Ink Dries on Dodd-Frank, Merchants Gird for Interchange Battle
As President Obama signs the Dodd-Frank Wall Street Reform Act of 2010 into law on Wednesday, at...


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