News

28 Jun GE to Sell Restaurant Financing Assets

GE entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets. The combined transactions represent ending net investment (ENI) of approximately $1.4 billion as of first quarter 2016 and are collectively expected to release approximately $0.2...

Read More

27 Jun Visa To Block U.S. Fraud Chargebacks Under $25, Reducing Liability For Vending Operators

TAGS: EMV credit card, chip credit cards, cashless vending, vending machine payments, vending operator liability, counterfeit-card fraud, Visa chargebacks, National Automatic Merchandising Association

The sluggish changeover to chip credit cards by U.S. retailers hasn’t gone unnoticed by criminals. It's estimated that counterfeit-card...

Read More