“Financial institution compliance with the bill’s numerous provisions will cost both time and money. A recent Economist piece cites the example of the Durbin Amendment’s requirement of a drop in debit card fees which has cost banks $7 billion.”
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
Read
General
This Week in Credit Card News
Forbes
Read
General
High-end Stores, Not Consumers, Benefitting from Durbin Amendment
BankCreditNews.com
Read
General
New Swipe Fee Battle: More Consumer Pain?
The Street
Read
General