PBS recently aired a piece profiling the debit interchange fee regulation mandated by the Durbin Amendment. Invited to comment on the legislation were Mallory Duncan of the National Retail Federation and Nessa Feddis of the American Bankers Association. Listen to their contrasting viewpoints on this controversial topic for the payments industry in the video below.
Click here to watch the video
Recap: House Hearing Assesses Dodd-Frank’s Impact on Small Businesses, Financial Institutions
Merchant Payments Coalition Meets with Fed, Praises Durbin Response
MasterCard President Tells FOX News Why Consumers Should Care about Durbin Debate
Survey: Fed Debit Card Rule Will Harm Community Bank Customers
Official Comments on Fed’s Debit Plan from Congress, Credit Unions and More
JPMorgan on Durbin: Customers ‘May Be Pushed Out of the Banking System’
Debit Card Interchange Fees Plummet Under Fed’s Proposed Rules