Chip Credit Cards Give Retailers Another Grievance Against Banks

A battle between retailers and the banking industry over credit card technology adds fuel to a feud over what merchants pay for the processing of credit and debit transactions.

Sourced through Scoop.it from: www.nytimes.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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