The Electronic Transactions Association will return to the Las Vegas Mandalay Bay, April 17 to 19, 2024, for TRANSACT 24. The ETA expects its signature event to draw more than 3,000 attendees from across fintech, financial and payments industry sectors.

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Nacha, the automated clearing house rules group, approved new rules requiring stepped up fraud monitoring for ACH credit payments. The new credit push fraud rules establish a base level of ACH payment monitoring for all parties in the ACH network (except consumers).

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Visa and Mastercard agreed to settle a long-running legal battle with retailers. Under the settlement, announced March 26, 2024, the card brands will put the brakes on interchange hikes for four years, eliminate their anti-steering rules, and simplify rules pertaining to surcharging and cash discounting, according to press releases issued today by the card brands and attorneys representing retailers.

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Sopra Banking Software recently expanded its relationship with Amazon Web Services by joining AWS' Independent Software Vendor Accelerate Program, a co-selling initiative designed to help AWS partners drive business and accelerate turn cycles.

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Consumers around the world are using digital wallets more frequently and in more places, according to the J.D. Power 2024 Digital Wallet Satisfaction Study, published March 22, 2024.

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A new report from the Federal Reserve Bank of New York shows that many Americans are embracing buy now, pay later (BNPL) as a payment option on par with "will that be cash or card?" This is especially true among the financially fragile, New York Fed researchers found.

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Christopher Hernandez is CEO at PortfolioBuyer.com, a mergers and acquisitions consulting firm focused on the merchant services industry. In an exclusive interview with The Green Sheet, Hernandez shared his perspective on how payments industry and economic trends are shaping present and future portfolio valuations and sales.

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Despite economic headwinds and declining share prices, analysts are calling PayPal Holdings Inc. stock a strong buy. A recent reorganization and robust product road map are improving shareholder value and overall performance, according to Stocklytics.com and The Motley Fool.

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U.S. and UK oversight and budgetary measures have drawn criticism on both sides of the pond. Lack of support for small business is chief among the concerns critics have noted, citing the U.K.'s Spring Budget and the U.S. Consumer Financial Protection Bureau as examples.

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The ongoing battle between Apple and Epic Games has taken a turn for the better, as Apple has agreed to reinstate the game maker's developer status after terminating it last week. This means Epic Games can continue developing an Epic Game Store for iPhone, and the popular online game Fortnite can be loaded back onto iPhones.

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Post-sale buy now, pay later options are increasingly attractive to consumers, according to the J.D. Power 2024 U.S. Buy Now Pay Later Satisfaction Survey. The second annual report, published Feb. 29, 2024, found a 16 percent increase in overall satisfaction among BNPL borrowers compared to the same period last year.

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Amid all of the attention drawn to politics on Super Tuesday, when primary voters in 16 states and one U.S. territory made their preferences known, the Consumer Financial Protection Bureau finalized a rule that is expected to cut typical credit card late fees from $32 to $8.

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The National ATM Council unveiled its U.S. Secure ATM Database on March 5, 2024, the latest in a series of initiatives aimed at protecting the retail ATM ecosystem.

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The Community Reinvestment Act (CRA), enacted in 1977, requires federally insured financial institutions to meet the needs of all community members, including residents in low-income neighborhoods, through fair and equitable banking practices.

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