Peter Larkin // National Grocers Association As you know NGA has been engaged in an ongoing effort to bring about relief for independent supermarkets that have made the investment in EMV terminals but have not yet been able to get certified to accept EMV transactions. As a result, retailers have incurred significant chargebacks from card…
New deliverable from NACS and United Fresh identifies best practices to grow fresh produce sales in convenience stores NACS Online As consumer demand and sales for fresh produce at convenience stores continues to grow, NACS and the United Fresh Produce Association have published a new resource looking at distribution options available to store owners. “Convenience…
Card company also says EMV terminal deployment testing for merchants can be completed in hours, not days or weeks NACS Online This week MasterCard announced it is working to reduce chargeback costs to merchants who have not yet transitioned to EMV. Following the October 1, 2015, liability shift, many merchants are seeing exorbitant chargeback costs.…
We need your help to fight against these efforts to repeal debit reform NACS Online This week, retiring U.S. Rep. Randy Neugebauer (R-TX) introduced legislation that would repeal the Durbin Amendment and the debit swipe fee reforms hailed by NACS and the merchant community. On Wednesday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) circulated…
BIRMINGHAM, Mich., June 16, 2016 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq:CNFR) today announced that, through its insurance company subsidiary “Conifer Insurance Company”, the Company has become the number one underwriter of liquor liability business in the State of Michigan, according to recent data available from the Michigan Liquor Control Commission. Conifer Director and Executive…
From Stephanie Barnes // Food Marketing Institute We wanted to share an update on the United States Department of Agriculture’s (USDA’s) previous statement regarding a delay in enforcement for the Final Rule, “Records to be Kept by Official Establishments and Retail Stores that Grind Raw Beef Products.” As FMI previously reported, on May 11, 2016,…
Visa says its Transaction Advisor service has reduced fraud chargeback rates by 51% and counterfeit fraud rates by 54% NACS Online Recently, Visa Inc. reported results of its Visa Transaction Advisor (VTA) service to help reduce fraud at the gas pump. According to Visa, more than 35,000 gas stations in the United States are actively…
Lawsuit alleges that Visa and MasterCard are colluding to prevent the adoption of the more secure chip and PIN technology so that they can maintain market dominance and profits NACS Online Home Depot has filed a federal lawsuit against Visa Inc. and MasterCard Inc., alleging that the card companies are using security measures prone to…
By Randall A. Denha, Esq.* Is there anything worse than being taxed on income you receive? Having to pay tax on income you never actually collect. That can happen if a family member borrows money from you on an interest-free basis. If you’re not careful, you could owe tax on this “phantom income.” Fortunately, this…
Mike Lashbrook // Center for Alcohol Policy The Center for Alcohol Policy is now accepting entries for its Ninth Annual Essay Contest! I want to encourage you to be a part ofthis year’s contest and spread the news by sharing the enclosed flyer with your colleagues. The topic for this year’s contest is: The 21st…