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North Dakota retailers sue Fed, demand lower debit fees

Payments Source

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SCOTUS will hear case challenging Fed's interchange fee cap

American Banker

The Supreme Court said Friday it would grant North Dakota convenience store Corner Post Inc.'s s appeal to a lower court ruling as to when the statute of limitations for challenging a Federal Reserve interchange fee rule begins under the Administrative Procedure Act.

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North Dakota retailers sue Fed, demand lower debit fees

American Banker

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Seven States Approve Marijuana Measures

American Banker

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.

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Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

PYMNTS

North Dakota case that businesses must have physical, in-state presences to be subject to state sales tax requirements. Requiring compliance with levy obligations is unlikely to impose undue economic burdens on businesses thanks to modern technology, the court said, adding that the Quill Corp. Continued Changes and Questions .

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California, Florida, Massachusetts, N. Dakota Approve Pot Measures

American Banker

Voters in Florida and North Dakota approved medical marijuana measures on Tuesday, while their counterparts in California and Massachusetts approved recreational pot initiatives, according to projections.

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The Big Gorilla

Independent Banker

Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. Get compliance involved from the outset of, say, a new product or a new service or a new type of loan,” LaNore says.