The site’s 2012 Durbin Amendment Impact Study concludes that the law is costing large banks $8.06 billion and small banks $329.4 million annually. For the large banks — those with more than $10 billion in assets — fee revenue has fallen 59.3 percent for signature transactions and 32.4 percent for PIN transactions.
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How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
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American Banker
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US News & World Report
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