interchange

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Latest blogosphere posts tagged “interchange”

  • Merry Christmas and Happy New Year Los Angeles!


    SkyscraperCityAuthority Authority: 178
    Wishing all of you Seasons Greetings and Happy New year!
    3 days ago
  • Do You Feel Like You Are Standing Still?


    VA Real Estate TalkAuthority Authority: 114
    If you live in Northern Virginia it could be because we have lots of traffic. In fact a recent study shows a significant portion of the Northern Virginia area ranks in the top 25 locales for traffic. With the completion of the Springfield Interchange and the Wilson Bridge Project drivers were expecting to see ...
    6 days ago
  • Construction Defects Discovered on Recently Completed Sheldon Road Interchange


    Elk Grove News.netAuthority Authority: 432
    Late yesterday the City of Elk Grove announced a construction defect was discovered on the recently completed Sheldon Road Interchange. According to information released by the city, rubberized asphalt used in the project to reduce road noise is not performing as expected. As the city and the construction contractor ...
    1 week ago
  • How The Credit Card Swiped Christmas


    WayTooHigh.comAuthority Authority: 103
      Source: via TheCreditCard Con Credit card swipe fees have gone up by 300% in the last decade. Every time you use your credit card at small business, the small business owner must give a significant portion of that sales price to the credit card companies — simply for the privilege of accepting their ...
    1 week ago
  • Electronic Data Interchange (EDI): Resurgence on the Horizon?


    Best Online Earning IdeasAuthority Authority: 170
    Electronic Data Interchange or EDI as its often commonly referred to is a much maligned, often overlooked technology solution that can drive tremendous savings and efficiency improvements throughout a supply chain and/or trading community.
    1 week ago
  • Find A Job With The Help Of Networking!


    Business to Business b2b | Marketing | eCommerce | TelemarketingAuthority Authority: 160
    Networking is communicating with people you know in order to help you find the things you are interested in. And is the most efficient way to find a new job. When networking can occur online and on the phone, during a job hunt it is crucial to meet with an individual. The goal of networking meetings is to provide an ...
    1 week ago
  • Audi R8 By Edo Competition


    e-Guru.orgAuthority Authority: 153
    Small changes, big effects edo Competition has just upped the ante for the Audi R8. The 420 hp from the V8 FSI engine has been increased to 442 hp thanks to a stainless steel high-flow exhaust system, which as a side effect gives a more powerful sound. edo also spend some time on improving aerodynamics on the R8, ...
    1 week ago
  • Fun with Highways: Kew Gardens Interchange


    CatSynthAuthority Authority: 431
    Returning to San Francisco from New York often involves a highway trip to JFK Airport, and there is one spot along the Van Wyck Expressway (I-678) that is almost always guaranteed to come to standstill, the Kew Gardens Interchange : The Van Wyck Expressway runs vertically in this picture, from the center top ...
    1 week ago
  • Fun with Highways: Kew Gardens Interchange


    CatSynthAuthority Authority: 431
    Returning to San Francisco from New York often involves a highway trip to JFK Airport, and there is one spot along the Van Wyck Expressway (I-678) that is almost always guaranteed to come to standstill, the Kew Gardens Interchange : The Van Wyck Expressway runs vertically in this picture, from the center top ...
    1 week ago
  • Credit Card Interchange Fees and the Art of Predatory Lending


    Behind Blue LinesAuthority Authority: 123
    As readers of this blog know, I’m a free-market kind of guy. But this doesn’t mean, however, that I’m indifferent to organizations that gouge me on a daily basis. Lately, it seems that everyone wants to sink their teeth into my backside – the state, the feds and now the banks.When it comes [...]
    2 weeks ago
  • Symposium Wrap Up


    TRUTH ON THE MARKETAuthority Authority: 540
    Thanks to all of our participants and readers for the blog symposium–both the posts and the comments were engaging and thoughtful, and I hope these entries will be helpful in the ongoing debate over credit cards and interchange fees. A concluding point or two: Credit card networks are incredibly complex, and no ...
    2 weeks ago
  • The Institutional Dynamic: Understand First, Act Second—If At All


    TRUTH ON THE MARKETAuthority Authority: 540
    I have now had a chance to review the excellent posts on the second day, all of which have a common flavor.  They expand the universe of relative considerations that need to be taken into account to decide whether imposing caps on interchange fees enhances or reduces overall social welfare.  The narrow perspective ...
    2 weeks ago
  • Merchant Collusion as an Antitrust Remedy


    TRUTH ON THE MARKETAuthority Authority: 540
    In my first post I discussed the potential for interchange legislation from a consumer protection perspective, that is, would the combination of disclosure requirements coupled with a reduction of interchange fees be likely to improve consumer welfare.   I concluded that from the consumer protection perspective, ...
    2 weeks ago
  • Competitive Payments


    TRUTH ON THE MARKETAuthority Authority: 540
    Most of the discussion related to pricing at the point of sale has emphasized the “cross-subsidy” between those that pay with cash and checks and those that pay with credit cards.  This discussion misses the core of the problem in a market where the use of cash and checks is rapidly declining; the central problem ...
    2 weeks ago
  • The Fee Neutrality Claim


    TRUTH ON THE MARKETAuthority Authority: 540
    Will reduction in interchange fees help or hurt consumers? Two posts yesterday made the conjecture that a reduction in one category of fees would only increase other fees, and that the overall sum of fees will not change. This is the fee-neutrality claim. Todd Zywicki writes: The mathematics of the situation is ...
    2 weeks ago
  • Allocating the Costs of Fraud


    TRUTH ON THE MARKETAuthority Authority: 540
    Geoffrey A. Manne is Executive Director of the International Center for Law & Economics and a Lecturer in Law at Lewis & Clark Law School. I take to heart Jim’s claim that fraud is too-little discussed in this realm given its cost, and thus I’ll try my hand at it. Every discussion of the industrial ...
    2 weeks ago
  • Assessing the Social Effects of the Use of Credit Cards


    TRUTH ON THE MARKETAuthority Authority: 540
    The GAO has a fairly extensive discussion of the costs and benefits of credit cards to merchants.  However, that discussion focuses on the individual benefits.  I would like to step back and put two of those benefits – increased merchant sales and fraud prevention costs – into the larger context that I discussed ...
    2 weeks ago
  • The Cost of Payments Interchange: Issues No One Talks About


    TRUTH ON THE MARKETAuthority Authority: 540
    James Van Dyke is President and Founder of Javelin Strategy and Research. I feel that at least two important issues are being left out of the raging controversy over the cost of interchange. (At this point my readers are probably deciding if I’ll follow with a pro-merchant or pro-bank POV…but guess what: here ...
    2 weeks ago
  • Interchange fees and other rules


    TRUTH ON THE MARKETAuthority Authority: 540
    The GAO report raises concerns about card association the level of interchange fees (that acquirers pay issuers for credit card transactions processed) but also about other card association rules such as the ‘no surcharge rule.’ That rule prevents a merchant who accepts card transactions from charging a ‘point ...
    2 weeks ago
  • Surcharging and Honor-All-Cards


    TRUTH ON THE MARKETAuthority Authority: 540
    Disclaimer: These views are my own and not those of the Federal Reserve Bank of Chicago or the Federal Reserve System.  Much of this discussion is taken from my paper titled “ Externalities in Payment Card Networks: Theory and Evidence ” presented at the Federal Reserve Bank of Kansas City’s 2009 Retail ...
    2 weeks ago

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