Electronic Payments Coalition
May 31, 2011 No Comments
“Tester’s push to delay the swipe fees, which are in the Durbin Amendment, named after Sen. Dick Durbin (D-Ill.), comes after Tester agreed to reduce a delay of swipe from…
Electronic Payments Coalition
May 31, 2011 No Comments
“Government should not choose winners and losers in the marketplace. The Durbin amendment to last year’s Wall Street reform legislation does just that, and must be delayed, studied and fixed.”
Electronic Payments Coalition
May 26, 2011 No Comments
“In Fantasyland, where Mr. Durbin lives, retailers magically will take billions in savings from lower debit-card fees and hand them to consumers. But in the real world, merchants gladly will…
Electronic Payments Coalition
May 12, 2011 No Comments
“Federal Reserve Chairman Ben Bernanke and other regulators gave Congress an update Thursday on their efforts to implement the biggest overhaul of the nation’s financial rules since the Great Depression.…
Electronic Payments Coalition
May 10, 2011 No Comments
“Durbin was able to push through his amendment to the Dodd-Frank bill at the last moment, without congressional study or debate. It established interchange restrictions that will cost the consumer…
Electronic Payments Coalition
May 4, 2011 No Comments
“Government should not choose winners and losers in the marketplace. The Durbin amendment to last year’s Wall Street reform legislation does just that, and must be delayed, studied and fixed.…
Electronic Payments Coalition
April 1, 2011 No Comments
“Well, we’ll clearly have to find ways to reduce cost and raise revenue or eliminate the product. If it goes through, what we think now is we’ll have to reduce…
Electronic Payments Coalition
March 31, 2011 No Comments
“Speedy legislation that prevents the full vetting of issues is rarely in the public interest. The Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010…
Electronic Payments Coalition
March 27, 2011 No Comments
“Federal oversight of the way banks operate the debit card network, including reasonable limits on fees, is needed. A delay in the rules that were jammed into last year’s law…
We are the credit unions, community banks, payment card networks, and institutions who support the backbone of our economic system: electronic payments.
