MasterCard has its day in court with the European Commission and sets out what is at stake for European payments  Waterloo, Belgium, 8 July 2011, The General Court of the European Union held a hearing today on MasterCard’s appeal against the European Commission’s 2007 decision on the company’s cross-border consumer interchange fees in the EEA.  …
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The Durbin Debacle

June 10, 2011 09:42

It’s always fun to transcribe great English prose; and when you spend a lot of time in the blogosphere, you can start feeling a little like you’re working in a windowless office in Manhattan in July with the air conditioning on the blink. Reading a real argument from a real thinker by way of contrast …
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Just got back from MasterCard’s America Risk Management Academy meeting in San Diego, where I led a panel (more about that in a minute). During the conference news of the Sony breach surfaced, which led to some pretty interesting discussion. Not to sound like too much of a homer, but it was one of the most …
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PURCHASE, N.Y., Mar 31, 2011 (BUSINESS WIRE) –MasterCard Worldwide today announced that Michael F. McEneney has been named Deputy General Counsel. In this new role, McEneney will lead the Global Public Policy, Regulatory Advocacy, Litigation, and the Product and Advisors legal teams. He will report to MasterCard’s General Counsel, Noah J. Hanft, and will split …
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While no thunderclap, JPMorgan Chase’s decision this week to drastically cut its debit rewards program is certainly indicative of what consumers should expect as a result of the post-crisis legislative and regulatory onslaught on the payments industry. Alone, actions like this by PNC Bank, Chase and Regions, among others, are probably not enough to pry …
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