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Barnier said the lesson that Europe could draw from the recent US espionage scandal, Prism, was to become sovereign, independent, in strategic matters. In this paper, we make an original proposal concerning European defence capabilities, said Michel
Comments Save to mystar Featured Video Close Video Canadian credit card users could soon face new rules at the checkout including possible surcharges for using certain premium cards, such as those that offer free flights and other rewards. The
Banks and payment networks are pressing state lawmakers to bar retailers from charging customers more to pay with credit cards than with debit cards or cash. The laws' supporters say they are trying to protect consumers from unfair costs when they
Under the current rules, merchants are required to accept all Visa and MasterCard offerings, but are prevented from charging an additional fee to those who pay with so-called premium cards, which come with higher costs. Canada's Commissioner of
Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive. The European Commission, the 28-nation EU'
Speaking to French journalists in Brussels yesterday (18 July), Barnier said it was coherent to cap interchange fees in the interest of consumers, indicating that such fees simply did not exist in the United States and Denmark, and that these
U.S. financial stocks rose Wednesday as strong Bank of America Corp. earnings overcame a drag from shares of American Express Co. and other credit-card issuers. Bank of America says four of five business lines show growth. Bank of America shares led
Millions of British consumers could benefit from plans by the European Union to cut transaction fees on debit and credit cards, say UK retailers. The fees involved are paid by shops and businesses to banks, every time a consumer uses his or her card.
EU Industry Commissioner Antonio Tajani gave France some succour and Germany's Daimler cause for concern yesterday in a row over new cars that Brussels fears were produced in breach of EU rules. The German automaker has yet to apply European Union
The Spanish experience hasn't been positive and holds five or six negative consequences on the economy: income adjustments for the agents and imbalances of the market, fee and price upsurges for consumers, lower growth of electronic payments versus