Monday, June 7, 2010

Focus on Interchange Bid Switches to House








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Lawmakers will return from their week-long Memorial Day recess this week right in the middle of a human scrum – hundreds of credit union executives crossing hundreds of retailers arguing over a key provision in the bank reform bill that would introduce government oversight of the market for cards interchange. Read More >>
Issuers in Europe are rolling out payment cards featuring built-in display screens that offer improved security and can provide access to balance information — but there are major hurdles that make it unlikely any banks would offer the technology in the U.S. anytime soon. Read More >>

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