Resources Archive - Page 21 of 27 - Electronic Payments Coalition

September 1, 2011

2011 CHECKING ACCOUNT SURVEY

New records were set in two categories in this year’s study. Fees for nonsufficient funds, or overdrafts, hit a new high for the 13th consecutive year, while ATM fees rose to their highest level for the seventh consecutive year. To find out what to do about them, check out Bankrate’s Checking Account Survey.

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August 16, 2011

The Durbin Amendment: Planning for $ix Billion in Change to Banks, Networks, Merchants and Consumers

This Javelin Strategy report explores the initial outcomes, implications, and longer‐term expectations of the Durbin Amendment as it moves toward initial implementation in October of this year, detailing the amendment’s effects on various stakeholders and making recommendations about how institutions, networks, and others should respond.

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July 11, 2011

Debit Card Interchange Regulation: Implications for the United States and Beyond

A new report from Aite Group predicts 17 ways in which the Durbin amendment will reshape the U.S. payments industry in coming years. The report provides an overview of the amendment’s rules and an assessment of which market players will lose out and which will win as a result of the new order.

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June 29, 2011

Fed Rule on Debit Interchange Harms Consumer and Main Street Banks That Serve Them

This press release from the ICBA discusses the potentially damaging effects of the Durbin amendment on community banks and consumers.

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June 7, 2011

Tester-Corker Amendment

Bi-Partisan Amendment to S. 782 – the Economic Development Reauthorization Bill

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May 20, 2011

NASCUS Letter to Congressmen Johnson, Bachus, Shelby and Frank

The National Association of State Credit Union Supervisors wrote Congress urging it to consider the potential safety and soundness implications as well as the economic impact of the Durbin amendment as well as the potentially harmful effect upon small financial institutions.

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May 16, 2011

Letter Regarding Michaels Stores Data Breach

Recent security breaches at big box stores like Michael’s are something credit unions are currently combating. They are helping consumers and ensuring the smooth process of payment services. However, the Durbin amendment threatens these smaller financial institutions and makes all interchange more costly, limiting services and harming the consumer.

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May 12, 2011

CUNA Letter to Senators Tester and Corker

CUNA argues that due to debit interchange regulation, credit unions across the country will be forced to bear even more of the cost of merchant data breaches while the merchants responsible for the breaches not only continue to escape responsibility for their data breaches but also received a windfall thanks to government price controls.

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May 12, 2011

EPC Release on Mr. Bernanke’s Concern Over Debit Card Rule

On the eve of implementation, Fed Chairman Bernanke and FDIC Chairman Bair expressed concern that debit card rule exemption for small financial institutions wouldn’t work.

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May 5, 2011

Save My Debit Card

Learn more about why people like their debit cards.

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Resources

2011 CHECKING ACCOUNT SURVEY

The Durbin Amendment: Planning for $ix Billion in Change to Banks, Networks, Merchants and Consumers

Debit Card Interchange Regulation: Implications for the United States and Beyond

Fed Rule on Debit Interchange Harms Consumer and Main Street Banks That Serve Them

Tester-Corker Amendment

NASCUS Letter to Congressmen Johnson, Bachus, Shelby and Frank

Letter Regarding Michaels Stores Data Breach

CUNA Letter to Senators Tester and Corker

EPC Release on Mr. Bernanke’s Concern Over Debit Card Rule

Save My Debit Card

Latest Updates

Small Business & Entrepreneurship Council: Help Small Businesses by Opposing

EPC Statement & Fact-Check Following Durbin-Marshall Press Conference

Congress: Don’t Be Fooled Again By Big-Box Retailer Claims