MPC press release via Pymnts.com Contrary to the litany of industry arguments, the monthly service fees banks charge consumers are in fact not related to debit swipe fees, said the Merchants Payments Coalition (MPC) today after analyzing new data released by moneyrates.com and Bankrate.com. Since the passage of the Durbin Amendment, the nation’s banking and credit card industries have contended [...]
Via BankCreditNews.com: Visa and MasterCard recently agreed to a $7.2 billion settlement that would allow retailers to charge consumers a “checkout fee,” but some small business owners claim that these fees would only complicate a struggling retail market. “This [settlement] was clearly negotiated by a bunch of attorneys who don’t understand how competitive the environment [...]
Does your ATM meet the new regulations?
The US Department of Transportation has released the 2010 traffic safety numbers, reporting roadway fatalities are at the lowest levels since 1949. Read the full report on DOT’s Fastlane blog.
There is no excerpt because this is a protected post.
Local Independent Businesses Reflect on Tradition, Jobs Provided in Communities
A new menu labeling law that requires restaurant chains to post calories could extend to convenience stores, movie theaters and alcoholic beverages, if public comments are allowed to affect the law.
Transportation Committee leaders today rolled out a new six-year transportation reauthorization proposal that streamlines and reforms federal programs, expedites the project approval process, maximizes leveraging of limited resources, provides flexibility for states, and ensures long-term funding stability for job-creating transportation programs.
In a year when millions of Americans are out of work and businesses everywhere struggle to remain viable, it is simply counterintuitive for Congress to pave the way for higher costs to consumers and retailers.