Page 10 - GS210101

NewsBriefs

This article contains excerpts from news stories recently posted under in 2015 opened the door for consumer group litigation
Breaking Industry News on our homepage. For links to these and other involving purported violations of the country's fair
full news stories, please visit www.greensheet.com/breakingnews.php. competition laws.
ATM industry honors LeRoy Huntimer
ATM industry leader LeRoy Huntimer will long be
remembered for his friendly disposition and stewardship
of the ATM community. Huntimer, who passed away
from cancer on Dec. 9, 2020, was senior vice president,
sponsorship services at PB&T Bank and an active
UK Supreme Court ruling could participant in industry affairs.
cost Mastercard billions
David Tente, U.S. executive director at the ATM Industry
Mastercard suffered a blow in its battle over interchange Association recalled Huntimer had generously devoted
pricing in the United Kingdom. On Dec. 11, 2020, the UK's time to ATMIA's governmental relations, independent
highest court, the Supreme Court, ruled that the country's ATM deployers and sponsoring financial institutions
Competition Appeal Tribunal (CAT) must reconsider a committees, as well as ATMIA's U.S. regional board
class action-style lawsuit filed against Mastercard on of directors. His involvement earned him the ATMIA
behalf of millions of consumers that CAT had previously Outstanding Service Award in 2016 and 2018, Tente noted.
rejected.
Vanderhoof leaves smarter,
The lawsuit seeks 14 billion British Pounds ($18.6 billion) stronger payments sphere
in alleged overcharges UK consumers paid for goods and Randy Vanderhoof retired after 18 years of leadership
services because of Mastercard interchange fees. While at the Secure Technology Alliance and U.S. Payments
class action lawsuits are common in the United States, in Forum. Vanderhoof said it was time to pass the torch to
the UK such lawsuits are rare. A law enacted by the UK