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The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
Durbin amendment. The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by ...
The program, administered by the Executive Office of Public Safety and Security, will distribute just over $3 million to 32 local police departments. Hanover, which initiated a body cam pilot ...
In the 1960s, Paul Kopsch (an Ohio coroner), Daniel Turcus (a police sergeant), and Donald Ward (Kopsch's special investigator) began experimenting with special purpose handgun ammunition. Their objective was to develop a law enforcement round capable of improved penetration against hard targets, such as windshield glass and automobile doors.
Aside from interchange or swipe fees, which Visa and Mastercard force retailers to pay to issuing banks, the two credit card giants charge network fees to merchants.
The majority of military and law enforcement standards have settled on an oil/clay mixture for the backing material, known as Roma Plastilena. [33] Although harder and less deformable than human tissue, Roma represents a "worst case" backing material when plastic deformations in the oil/clay are low (less than 20 mm (0.79 in)). [ 34 ] (
A federal judge extended a block on enforcement Monday of an Ohio law that would require children under 16 to get parental consent to use social media apps as a legal challenge proceeds. U.S ...
The Act contains a provision that limits the first year annual fee for a credit card to 25% of the credit limit. Credit card issuers are still able to charge certain additional fees, such as "setup fees" or "program fees." The Act also restricts the fees that can be charged for gift cards and other prepaid cards.