Search results
Results from the WOW.Com Content Network
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
Elavon Inc., formerly NOVA, is a processor of card transactions and a subsidiary of U.S. Bancorp. Elavon offers merchant processing in more than 30 countries and supports the payment needs of more than 1,000,000 merchant locations across the globe. Elavon is the 4th largest U.S. credit card processor and is a top 6 acquirer in the European ...
GTCR logo in use prior to 1998 separation. The company was founded in 1980 as Golder Thoma & Co. by Stanley Golder, Carl Thoma, and Bryan Cressey. [2] In the 1970s, Golder built the private equity program at First Chicago Corp. [3] where he is noted primarily for backing Federal Express and for efforts as chairman of the National Venture Capital Association and the National Association of ...
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
As the seat of Cook County, the second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation.
The Civic Federation is a Chicago-based non-partisan research organization focused on governments in the Chicago area and the state of Illinois. The Civic Federation's mission is to help local and state governments reduce their costs and improve public services by "Promoting opportunities to reform local tax structures; guarding against wasteful expenditure of public funds; and serving as a ...
The Illinois Department of Transportation was created by the 77th Illinois General Assembly in January 1972. The department absorbed the functions of the former Department of Public Works and Buildings, acquired some planning and safety inspection functions of other state agencies, and received responsibility for state assistance to local mass transportation agencies such as the Chicago-area ...
The Drug Enforcement Administration was established on July 1, 1973, [4] by Reorganization Plan No. 2 of 1973, signed by President Richard Nixon on July 28. [5] It proposed the creation of a single federal agency to enforce the federal drug laws as well as consolidate and coordinate the government's drug control activities.