Tag: Durbin Amendment

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 ...

Debit routing is the process of debit card transactions being routed through various payment processors in order to find the ...