Expanding Interchange Price Controls Would Put Fraud Protections at Risk

Maintaining strong risk-mitigation technologies has never been more important for the banking industry, but “big box” merchant lobbyists are attempting to disrupt advances in card fraud mitigation efforts.

While merchants are pushing for the cheapest routing options of card transactions and expansion of the Durbin Amendment provisions to credit cards, these misguided efforts would undermine investments in protections and security that defend cardholders from criminal activity.

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