Content about Swipe

March 21, 2014

The U.S. Appeals Court for the District of Columbia on Friday overturned a lower court's decision in July that favored the merchants and was a setback for banks.

January 17, 2014

The National Retail Federation (NRF) has asked an appeals court to uphold a judge’s ruling that the Federal Reserve set its cap on debit card swipe fees far higher than intended by Congress and that the cap needs to be recalculated at a lower level.

January 2, 2014

The National Retail Federation Thursday formally filed an appeal of a controversial antitrust lawsuit settlement covering credit card swipe fees, asking the 2nd U.S. Circuit Court of Appeals to overturn a lower court’s ruling.

December 13, 2013

The National Retail Federation issued the following statement from senior VP and general counsel Mallory Duncan in response to U.S. District Court Judge John Gleeson’s approval of a controversial antitrust lawsuit over credit card swipe fees:

October 1, 2013

he National Retail Federation welcomed a new study that shows retailers have passed along the majority of the savings from debit card swipe fee reform to their customers, and that the resulting increase in consumer spending has boosted job creation across the country.

August 21, 2013

The National Retail Federation issued the following statement from VP for government affairs public relations J. Craig Shearman in reaction to the Federal Reserve’s announcement Wednesday that it will appeal a U.S. District Court judge’s ruling that the cap it set on debit card swipe fees in 2011 was too high.

July 31, 2013

The National Retail Federation, Food Marketing Institute and Retail Industry Leaders Association (RILA) both issued statements applauding the ruling on the Federal Reserve Swipe Fee Regulation.

October 22, 2012

A revised antitrust settlement on the issue of credit card swipe fees doesn't go far enough, The National Retail Federation said.

June 9, 2011

On Wednesday, the Senate rejected the Tester-Corker amendment to delay swipe-fee reform.

© 2014