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Retail: What's in Store - February 2019

Payments Developments in 2018 and Outlook for 2019 - The cost of accepting payments is one of the most significant expenses faced by most retailers, and managing those costs is an ongoing struggle. The year 2018 saw...more

Illinois Stealthily Enacts Version of RUUPA as Part of Budget Bill

This week, the Illinois General Assembly enacted budget legislation (SB 9) to much fanfare. Although most news stories will likely focus on the fact that the state has a budget for the first time in several years, the real...more

New York Looks to Further Restrict Gift Card Practices

In December, we wrote about a new gift card law in New York that took effect on Christmas day, which was enacted by Senate Bill S. 4771-E. Under that now-effective law: - Gift card issuers are prohibited from charging a...more

Retailers, Take Note: Connecticut Adds New Gift Card Cash-Back Requirements

On June 9, Connecticut Governor Dan Malloy signed into law HB 5564, which adds Connecticut to the growing list of states that require gift card sellers or issuers to provide cash back to consumers in certain partial...more

6/17/2016  /  FinCEN , Gift-Cards , Retailers
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