AmEx Must Change Anti-Steering Rules During Appeal
A New York court blocked American Express from implementing its anti-steering rules preventing merchants from suggesting customers use a lower-cost...
Payments
ABA, Trade Groups Call for Support of Data Security Act
Retailers and other firms involved in the payments process should be subject to the same data security requirements as banks,...
ABA Report: Credit Card Use Rises as Jobs Grow in Q4
Fourth-quarter credit card spending continued rising on strong employment numbers and the strength of the super-prime credit market, according to...
Curry Calls for Level Playing Field in Payments
Regulated financial institutions bring security and stability to the payments system, Comptroller of the Currency Thomas Curry said at an...
Chicago Fed’s Werkema to Lead Payments Overhaul
The Federal Reserve on Friday named Gordon Werkema as the system’s payments strategy director, responsible for leading the Fed’s efforts...
ABA: .bank Domain Can Strengthen Payments System
The new .bank and .insurance domains coming online this year will provide an “incredible opportunity” to provide a more secure...
FCC Expected to Exempt Mobile Fraud Alerts from TCPA
Federal Communications Commission Chairman Tom Wheeler yesterday circulated a summary of his proposal to clarify the Telephone Consumer Protection Act’s...
Fed Seeks Comments on NACHA Same-Day Payments Rule
The Federal Reserve today requested comments on changes that the regional Federal Reserve Banks would make in connection to NACHA’s...
MasterCard Settlement Not Accepted
MasterCard today said that not enough MasterCard-issuing banks accepted the proposed $19 million settlement with Target by the May 20...
