Experts question slower transaction time and supply chain issues for EMV cards NACS Online CPI card group, which produces credit cards for a majority of issuers, has been swamped with orders for new cards equipped with EMV chip technology and is struggling to keep up with demand. “We are working 24-7,” Docia Myer of CPI…
DetailsNACS Online FDA to eliminate the use of trans-fats by 2018, after determining they are not “generally recognized as safe” for use in human food The U.S. Food and Drug Administration (FDA) announced that partially hydrogenated oils (PHOs), the primary dietary source of artificial trans-fat in processed foods, are not “generally recognized as safe” (GRAS)…
DetailsNACS-supported legislation restores long-standing interpretation of the Wire Act NACS Online Recently, U.S. Senators Lindsey Graham (R-S.C.), Dianne Feinstein (D-CA), Kelly Ayotte (R-N.H.), Mike Lee (R-UT),Marco Rubio (R-FL), Dan Coats (R-IN), and Thom Tillis (R-N.C.) introduced their bipartisan legislation, S. 1668, Restoration of America’s Wire Act, which restores the long-standing interpretation of the Wire Act.…
DetailsThe U. S. Supreme Court on Thursday ruled to uphold tax credits for Americans purchasing health care coverage through federal exchanges established under the Affordable Care Act. The 6-3 decision, in King v. Burwell, affirmed that of the U.S. Fourth Circuit Court of Appeals, which found the ACA’s language ambiguous and gave the Obama administration…
DetailsCard company will stop practice of prohibiting merchants from promoting other cards, following legal ruling NACS Online Following a judge’s ruling earlier this year that the practice was anticompetitive, American Express announced that it will lift its long-standing restrictions that have prohibited merchants from steering customers to other card brands. The announcement resulted from a…
DetailsCSP Daily News The U.S. Food & Drug Administration (FDA) is extending the compliance date for menu-labeling requirements in certain restaurants and retail food establishments including some convenience stores and grocery stores to December 1, 2016. The FDA issued the original rule on December 1, 2014, and the original compliance date was December 1, 2015.…
DetailsBy Mary Clare Jalonick // Associated Press Diners will have to wait until the end of 2016 to find calorie labels on all chain restaurant menus. The Food and Drug Administration said that restaurants and other establishments will now have until December 1, 2016, to comply with federal menu labeling rules — one year beyond…
DetailsNACS online Anticipated FDA rules likely to require expensive approval process for all vape products, leading to possible “vapocalypse” The Wall Street Journal took a look at the possible ramifications for the burgeoning – and profitable – vapor business, when the FDA unveils new regulations for e-cigarette products. According to the WSJ, within the next…
DetailsBy Melissa Fassbender // Manufacturing.net A new bill has been introduced that would provide funding to the Administrator of the National Highway Traffic Safety Administration (NHTSA) as part of a collaborative research effort to prevent drunk driving injuries and fatalities. According to the bill, “An estimated 59,000 lives and $343,000,000,000 could be saved over a…
DetailsConvenience retailers should prepare for heightened enforcement of labor practices, due to latest policies from DOL NACS Online The Department of Labor (DOL) has been busy of late — and convenience store owners should pay attention. Convenience store owners may soon face significant new employment costs relating to overtime, and they now may be liable…
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