CNP Headlines

Retail Associations Vs. Federal Reserve Board On Interchange

Supreme Court US - Sunday, 21 September 2014 Does the Board’s regulation establishing a maxi- mum allowable debit card interchange fee, 12 C.F.R. § 235.3, unlawfully permit banks to recover costs forbidden by the governing statute, 15 U.S.C. § 1693o-2(a)(4)(B)?

Subway to use Softcard NFC for mobile payments

CNET - Tuesday, 16 September 2014 Subway said Tuesday that it will kick off NFC-based mobile payments starting October 1 using Softcard, a mobile payments venture set up by AT&T Mobility, T-Mobile USA, and Verizon Wireless.

London tube introduces contactless payments

The Guardian - Tuesday, 16 September 2014 Transport for London (TfL) said contactless payments using a debit or credit card will mean easier and more convenient journeys for millions of customers. Passengers will not need tickets or Oyster smartcards on the tube, tram, DLR, London Overground and rail services that currently accept Oyster cards.