Federal Reserve to Appeal Interchange Ruling

The Federal Reserve Board will appeal a district court ruling striking down interchange fee caps.

Interchange Update: Financial Institutions’ Legal Teams Pursuing Options

The judge reviewing the debit interchange cap rule has set an aggressive schedule for the Federal Reserve to revise the rule. The Electronic Payments Coalition continues to monitor the developments.

U.S. District Court Delivers a Blow to Financial Institutions

A U.S. District court ruling strikes down the Federal Reserve’s price caps on debit interchange fees. The ruling could be devastating for some financial institutions. The NWCUA is working with CUNA to determine next steps.

Three Judge Panel Nixes NRLB Poster Requirement

Credit unions and other businesses will not have to post notices informing employees of their rights to start and join unions. The proposed NLRB rule was struck down in the U.S. Circuit Court of Appeals.

Picture of awards

Spectrum Awards Judges have Spoken

Judges have finished scoring a record 108 entries into the Spectrum Marketing Awards program, and winners are being notified this week. Spectrum Award and Honorable Mention winners will be honored during the Marketers’ Conference in Portland May 8-9.

Supreme Court Justice Susan Owens Welcomed by Washington Credit Unions

Washington credit unions offered support to Supreme Court Justices Susan Owens, Steve Gonzales and returning candidate Richard Sanders, who face election Aug. 7. Anthem tagged along for Justice Owens’ visits to credit unions.

Judge Dismisses Most Complaints in Heartland Data Breach Suit

A U.S. District Court judge dismissed most complaints brought by a number of financial institutions against Heartland Payment Systems Inc. regarding its January 2009 data breach.

Spectrum Awards Judging Wraps Up

The three-day judging event for the Spectrum Marketing and Communications Awards has wrapped up and judges are lauding the quality of the 2010 entrants.