Local - Electronic Payments Coalition

Fees, tight credit a direct response to Fed policy on banking industry

Electronic Payments Coalition October 2, 2011 No Comments

“And it’s only fair to tell the rest of the story, which is quite often the story of “unintended consequences.” Or as I learned many years ago in high school…

Dick Durbin’s swipe fee folly

Electronic Payments Coalition October 1, 2011 No Comments

“Durbin assumes the retailers will pass the savings onto the consumer. There is no indication they will. The retailers could very well just add the money to their bottom line.…

Dick Durbin’s swipe fee folly

Electronic Payments Coalition October 1, 2011 No Comments

“Durbin assumes the retailers will pass the savings onto the consumer. There is no indication they will. The retailers could very well just add the money to their bottom line.…

Get ready to pay the Durbin Fee

Electronic Payments Coalition October 1, 2011 No Comments

“Result of the government intervention: Retailers win, banks lose, and you get to pay the Durbin Fee.”

Local banks putting down new roots

Electronic Payments Coalition September 18, 2011 No Comments

“For his part, [Glens Falls National Bank CEO Thomas] Hoy believes community banks in general will hold their own, but he is concerned about how new regulations will impact the…

Lenders say newly mandated swipe fees will drain revenue

Electronic Payments Coalition July 25, 2011 No Comments

“Over time, marketplace dynamics will align or merge the two tiers, severely harming consumers, community banks and the electronic payment system. Debit interchange revenues enable community banks in Nevada to…

Debit fees to pinch consumers

Electronic Payments Coalition July 24, 2011 No Comments

“Higher fees could drive those customers away from banking altogether, unless they are prepared to jump through a few hoops.”

Letter: Consumers lose in debit card rules

Electronic Payments Coalition July 20, 2011 No Comments

“Small businesses and the consumer, especially those on a fixed income or on the low end of the scale, lose again. The do-good action of these Democrats shows big government…

Letter: Consumers lose in debit card rules

Electronic Payments Coalition July 20, 2011 No Comments

“Small businesses and the consumer, especially those on a fixed income or on the low end of the scale, lose again. The do-good action of these Democrats shows big government…

Government Doesn’t Know Best

Electronic Payments Coalition May 31, 2011 No Comments

“In July, if conservatives in Congress fail to act, the Obama Administration and Ben Bernanke will set the prices of debit card interchange fees rather than the free market.”

Tag: Local

Fees, tight credit a direct response to Fed policy on banking industry

Dick Durbin’s swipe fee folly

Dick Durbin’s swipe fee folly

Get ready to pay the Durbin Fee

Local banks putting down new roots

Lenders say newly mandated swipe fees will drain revenue

Debit fees to pinch consumers

Letter: Consumers lose in debit card rules

Letter: Consumers lose in debit card rules

Government Doesn’t Know Best

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