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Financial Services Industry › Merchants › Financial Regulatory Reform

Goodwin

Stablecoins: An Alternative Payment Method for Merchants?

Goodwin on

A new wave of payment innovation is upon us, and it is fueled, at least in part, by digital-first consumers’ and merchants’ concerns about the rising costs of traditional payment methods....more

Troutman Pepper Locke

Applications for Georgia Merchant Acquirer Limited Purpose Bank Charter: A Positive Sign for Fintech and Nonbank Direct Access to...

Troutman Pepper Locke on

On January 12, Fiserv announced that it filed an application with the state of Georgia for a merchant acquirer limited purpose bank (MALPB) charter. This application is a seismic development and positive sign for those in the...more

Troutman Pepper Locke

Key Elements of the Proposed Credit Card Competition Act

Troutman Pepper Locke on

In June, Sens. Richard Durbin, D-Ill., Roger Marshall, R-Kan., Peter Welch, D-Vt., and J.D. Vance, R-Ohio, introduced the Credit Card Competition Act of 2023, which is a reintroduction of a substantially identical bill...more

Stinson LLP

New Jersey Joins Other States in Limiting Credit Card Surcharges

Stinson LLP on

The State of New Jersey has passed a new law limiting the amount of a credit card surcharge by a seller on a purchase of goods or services. New Jersey joins 12 other states and territories that have had laws on their books...more

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