Democratic Illinois Senator Dick Durban today introduced legislation to allow large and small businesses to negotiate directly with credit card companies to reduce the interchange fees that are charged on every credit card transaction.
Chevron Federal Credit Union and Technology Credit Union have joined the Allpoint Network, which will provide them access to more than 50,000 surcharge-free ATMs nationwide.
Transaction processor Alliance Data Systems Corp. has signed a multiyear renewal agreement with home-furnishings retailer Crate and Barrel to provide private-label credit card services for its in-store, Web and catalog-sales channels.
AT&T Inc. and Citigroup Inc. announced today that they have jointly begun offering the AT&T Universal Business Rewards card that offers no-fee rewards to small-business owners.
RDM Corp., a payment software and hardware developer, says an undisclosed U.S. bank will order as many as 5,000 check-image scanners as the bank launches a campaign to get small businesses to register for remote deposit capture services.