Javelin Strategy & Research and the Electronic Payments Coalition released a report Thursday that reveals small merchants are more concerned with value, and less concerned about price, when it comes to the fees for debit card transactions.
The attorney who prepared CUNA’s amicus brief in the U.S. Supreme Court case regarding merchant surcharges on credit card transactions has another role, to prepare Steven Wu, of the New York attorney general’s office, to present oral arguments Jan. 10.
CUNA is taking the credit union case against payment card surcharges to the U.S. Supreme Court, filing an amicus brief in a case that challenges a New York law prohibiting merchants from imposing a surcharge for using a payment card.
A question was recently posed to CUNA’s compliance staff about the Right to Financial Privacy Act. Specifically, what type of documentation is required from a federal government agency when it requests financial information on a member?