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Industry Groups React to Proposed Debit Swipe Fee Changes

Industry Groups React to Proposed Debit Swipe Fee Changes
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United statesStephanie martzAusten jensenRetail industry leaders associationConsumer bankers associationElectronic payments coalitionBank coalition of americaNational retail federationAmerican bankers associationMerchants payments coalitionNational bankers associationCommunity bankers of americaBank policy instituteClearing house associationFederal reserveAdministrative officer

NRF objects to Visa-Mastercard settlement

NRF objects to Visa-Mastercard settlement
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Margo brodieDick durbinStephanie martzSecond circuit courtNational retail federationDistrict judge margoHome depotAdministrative officerGeneral counsel stephanie martzCard competition act

NRF Takes Gloves Off in Swipe Fee Settlement Objection Filing

Calling it a “backroom deal,” the trade groups that represent retailers have filed an objection to the settlement of the class-action suit.

United statesStephanie martzRetail industry leaders associationNational retail federationMain streetAdministrative officerGeneral counsel stephanie martzSherman actClass counselEquitable class counselCard competition act

Retailers Welcome Significant Reduction of Debit Card Swipe Fee Cap But Say Number is Still Too High

Furniture Industry News: The NRF said a Federal Reserve proposal to lower the cap on debit card “swipe” fees is a welcome move but still leaves the fees significantly higher than banks’ cost to process the transactions.

District of columbiaUnited statesNorth dakotaStephanie martzUs circuit courtSupreme courtUs district courtNational retail federationFederal reserveRetailers welcomeSignificant reductionStill too highWorld news deskAdministrative officerGeneral counsel stephanie martzDurbin amendment

Supreme Court takes case about credit card swipe fees

Supreme Court takes case about credit card swipe fees
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Watford cityNorth dakotaUnited statesRichard shapiroStephanie martzUs supreme courtFederal reserveDakota petroleum marketers associationDakota retail associationUs circuit courtSupreme courtUs district courtNational retail federationAdministrative officerGeneral counsel stephanie martzCorner post