News

Election Outcomes Will Impact Your Business

It’s election season. Yes, again. Most people are sick of campaign ads and campaign promises, which makes it tempting to ignore the noise or focus on just one or two issues.

SCOTUS Extends Relief to Merchants and Consumers, At Least For Now

Tom Clement

On July 1, the United States Supreme Court (SCOTUS) properly ruled against the Federal Reserve Board (Federal Reserve), which was seeking dismissal of a retail merchant lawsuit. The underlying claim is that payment networks have been permitted to charge excessive interchange fees in violation of the Durbin Amendment to the Dodd-Frank Wall Street reform and Consumer Protection Act of 2010.