More EMV Concerns Emerge

Experts question slower transaction time and supply chain issues for EMV cards NACS Online CPI card group, which produces credit cards for a majority of issuers, has been swamped with orders for new cards equipped with EMV chip technology and is struggling to keep up with demand. “We are working 24-7,” Docia Myer of CPI…

Senators Introduce Bill to End Online Lotteries

NACS-supported legislation restores long-standing interpretation of the Wire Act NACS Online Recently, U.S. Senators Lindsey Graham (R-S.C.), Dianne Feinstein (D-CA), Kelly Ayotte (R-N.H.), Mike Lee (R-UT),Marco Rubio (R-FL), Dan Coats (R-IN), and Thom Tillis (R-N.C.) introduced their bipartisan legislation, S. 1668, Restoration of America’s Wire Act, which restores the long-standing interpretation of the Wire Act.…

AmEx Will Cease Merchant Prohibitions

Card company will stop practice of prohibiting merchants from promoting other cards, following legal ruling NACS Online Following a judge’s ruling earlier this year that the practice was anticompetitive, American Express announced that it will lift its long-standing restrictions that have prohibited merchants from steering customers to other card brands. The announcement resulted from a…