Proposed changes by the Department of Labor and the National Labor Relations Board could drastically change how employers interact with their workforce. By Jeffrey Usher, Contributing Editor. In recent months, the words “unions” and “collective bargaining” have been spoken in the media, at social gatherings and in business meetings more than they have been in…
Durbin Hits, Fight Escalates
Retailers may have won the right to debit fee caps for now, but banks are raising fees and pointing the finger at merchants, while some lawmakers look to repeal the interchange caps. By Erin Rigik, Associate Editor. The long awaited Durbin Amendment went into effect on Oct. 1, capping interchange fees well above the 7-12…