Search for: "Merchants Bank" Results 61 - 80 of 1,654
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1 Dec 2023, 6:00 am by Michelle
 The bill, which aims to inject more competition into the industry by requiring that bank card issuers ensure at least one card network other than Visa or Mastercard is available to merchants processing payments, has bipartisan sponsors in the House and the Senate. [read post]
17 Nov 2023, 6:00 am by Michelle
 The 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase and Bank of America, began reversing transfers as of June 30 for customers duped into sending money to scammers claiming to be from a government agency, bank or existing service provider, said Early Warning Services (EWS), the banks’ company that owns Zelle. [read post]
10 Nov 2023, 6:00 am by Michelle
[So] the whole point of open banking and finance is opening that up to the wider ecosystem. [read post]
3 Nov 2023, 6:00 am by Michelle
That means merchants, networks, and banks are all affected—no small constituency. . . . [read post]
27 Oct 2023, 6:00 am by Michelle
Merchant groups, long riled by debit card acceptance costs, contend the Fed’s cut doesn’t go far enough, while the banking lobby deplores the proposal as arbitrary and likely to hurt banks and consumers. [read post]
22 Oct 2023, 11:03 pm by centerforartlaw
In other instances, consignors need to negotiate with the gallery’s bank to exclude the art they consign from the bank’s loan collateral. [read post]
22 Oct 2023, 9:05 pm by renholding
”[5] To understand this provision, imagine a simple sales transaction: A merchant sells goods in exchange for Bitcoin. [read post]
19 Oct 2023, 6:07 am by Scott H. Kimpel
Additionally, the Act broadly exempts several categories of persons, including banks, trust companies, credit unions, broker-dealers, futures commission merchants, certain software and data storage providers, and merchants accepting payment in digital financial assets for certain goods and services. [read post]
16 Oct 2023, 12:15 am
  A "digital financial asset" does not include the following: A transaction in which a merchant grants, as part of an affinity or rewards program, value that cannot be taken from or exchanged with the merchant for legal tender, bank or credit union credit, or a digital financial asset. [read post]
13 Oct 2023, 6:00 am by Michelle
Can Pay by Bank Play Into Consumers’ Growing Preference to Resist Credit Cards? [read post]
9 Oct 2023, 9:34 pm by Cari Rincker
It is commonly needed to open a business bank account, apply for a business loan, contract with other businesses, and register an LLC in a different state. [read post]
6 Oct 2023, 9:00 am by Zak Gowen
Legal and Regulatory Developments SPOTLIGHT: Supreme Court to Consider Debit Fee CasePayments Dive – September 29, 2023 The Supreme Court on Friday granted a petition from a group of North Dakota merchants who brought a case against the Federal Reserve Board in 2021 over the central bank’s setting of a debit card fee cap. [read post]
3 Oct 2023, 9:01 pm by renholding
In July and August 2023, the SEC filed 84 actions and the CFTC filed 16, against a combined total of 176 defendants and respondents. [read post]
22 Sep 2023, 6:54 am by Zak Gowen
-based merchant-acquiring consulting firm TSG tells Digital Transactions News. . . . [read post]
18 Sep 2023, 5:00 am by Julian Morris
  As I have documented (here, here, and here), the Central Bank of Brazil (BCB) foisted Pix on large banks while (temporarily) prohibiting a competing private provider from entering the market. [read post]