Electronic Payments Coalition
July 14, 2023 No Comments
WASHINGTON, D.C. — Today, ten trade associations representing virtually all banks and credit unions, including those primarily serving military-affiliated customers and members, sent a joint letter to Congressional leaders expressing strong…
Electronic Payments Coalition
July 13, 2023 No Comments
This week, the Credit Union National Association (CUNA) released the findings of a new study they commissioned on the effects of the 2010 Durbin Amendment’s debit price controls and routing mandates on…
Electronic Payments Coalition
July 5, 2023 No Comments
Since its last minute addition to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the original Durbin Amendment has continuously failed consumers. Congress must avoid repeating history…
Electronic Payments Coalition
June 27, 2023 No Comments
Senator Dick Durbin and his merchant and retail allies made some big promises when they proposed debit card interchange regulations back in 2010. Turns out, none of those promises were…
Electronic Payments Coalition
June 22, 2023 No Comments
Senator Dick Durbin (D-IL) and his big-box retailer allies are back to their old tricks. This time, they’re trying to pass their disastrous Big Box Bill (S. 1838/H.R. 3881) under…
Electronic Payments Coalition
June 22, 2023 No Comments
There is intense competition in payments, facilitated by the rise of e-commerce and new market entrants during the pandemic. The payments market is much broader than traditional players with new…
Electronic Payments Coalition
June 20, 2023 No Comments
Interchange allows financial institutions the ability to provide access to credit, especially in underserved, rural, and low-income communities. Without interchange, many institutions would be forced to stop issuing credit cards…
Electronic Payments Coalition
June 19, 2023 No Comments
This week, as Capitol Hill staff meet with representatives and members from the National Restaurant Association, they will likely hear certain arguments about credit card interchange fees and the falsely-named,…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
