Small Financial Institution Harm Archives - Page 2 of 3

Moody’s Investor Service: New Debit Rules Hurt Banks and Reshape the Payment Processor Market

Electronic Payments Coalition June 20, 2012 No Comments

This report from Moody’s examines the effects of the Durbin amendment on banks and payment processors. The report speculates that Durbin amendment’s reform of debit interchange and routing practices hits banks…

Center-Right Groups Oppose Price Controls on Retailers and Banks

Electronic Payments Coalition June 11, 2012 No Comments

The letter, signed by leaders of 18 center-right groups, calls for members Congress to reject price controls on retailers but to support a bipartisan bill to repeal the Durbin price…

Card Hub: Interchange Fee Study

Electronic Payments Coalition May 1, 2012 No Comments

This study has been updated multiple times with new information as the Durbin Amendment made its way through Congress and ultimately took effect on October 1, 2011. On May 1,…

Bloomberg Government Study: Business Impact of the Dodd-Frank Debit Fee Cap

Electronic Payments Coalition November 18, 2011 No Comments

The Federal Reserve’s debit interchange fee cap, which went into effect on Oct. 1, may cost the banking industry $8 billion annually. The top 10 U.S. banks say they intend…

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

Electronic Payments Coalition June 29, 2011 No Comments

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

NASCUS Letter to Congressmen Johnson, Bachus, Shelby and Frank

Electronic Payments Coalition May 20, 2011 No Comments

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…

Letter Regarding Michaels Stores Data Breach

Electronic Payments Coalition May 16, 2011 No Comments

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…

CUNA Letter to Senators Tester and Corker

Electronic Payments Coalition May 12, 2011 No Comments

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…

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

Electronic Payments Coalition May 12, 2011 No Comments

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.

Electronic Payments Coalition Written Statement on Fed Rule

Electronic Payments Coalition February 27, 2011 No Comments

Written statement of the Electronic Payments Coalition submitted to the House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit on “Understanding the Federal Reserve’s Proposed Rule on Interchange Fees: Implications and Consequences of…

Resource Topic: Small Financial Institution Harm

Moody’s Investor Service: New Debit Rules Hurt Banks and Reshape the Payment Processor Market

Center-Right Groups Oppose Price Controls on Retailers and Banks

Card Hub: Interchange Fee Study

Bloomberg Government Study: Business Impact of the Dodd-Frank Debit Fee Cap

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

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

Electronic Payments Coalition Written Statement on Fed Rule

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