Tag: Durbin Amendment

More than a decade after the Dodd-Frank Act redrew the regulatory boundaries of the banking industry, two Republican senators are ...

As reports of merchants imposing surcharges on credit card transactions continues to rise, credit card users remain frustrated by these ...

This past Sunday, comments were due in response to the Federal Reserve’s proposed changes to Regulation II of the Durbin ...

The Credit Card Competition Act would mandate that issuing banks offer a choice of payment networks to merchants, intending to ...

The U.S. Payments Forum, in collaboration with The Forum’s Debit Routing and Petroleum Working Committees, is aiming to simplify the ...

The Federal Trade Commission (FTC) is ordering Mastercard to abandon anti-competitive practices related to eWallet tokenization. According to the FTC, ...

The Durbin Amendment of 2010 regulated interchange fees for debit cards issued by banks with $10 billion or more in ...

Payment industry pundits and politically motivated legislators should look at the complexities found in Regulation II. Furthermore, they should look ...

Many question the promises and results of the original Durbin Amendment, which grew out of the Great Recession. The Credit ...

Interchange rates are the fees that merchants pay to card issuers for the acceptance of credit and debit cards. These ...