September 16, 2010
The Economics of Payment Card Interchange Fees and the Limits...
Fresh off of the most substantial national liquidity crisis of the last generation and the enactment of sweeping credit card regulation in the form of the Credit CARD Act, Congress...
September 16, 2010
Collateral Damage from the Financial Crisis – Consolidation and Regulation
The decade ended with the start of the most severe financial crisis the world has faced since the Great Depression of the 1930s. In many respects the payments industry was...
September 16, 2010
What Does the Credit Card Market Have In Common with...
by Joshua M. Frank (bio) The credit card industry is highly concentrated. Ninety percent of the lending market is controlled by the top 10 issuers, yet there still appears to...
September 16, 2010
The Effect of the Consumer Financial Protection Agency Act of...
David S. Evans (University College London; University of Chicago Law School) and Joshua D. Wright (George Mason University School of Law) argue that the CFPA Act would harm the economy...
September 16, 2010
How the Consumer Financial Protection Agency Act of 2009 Would...
As part of its overhaul of financial services regulation the Obama Administration has proposed stronger protection of consumers of financial products and services.[1] The Consumer Financial Protection Agency Act of...
September 16, 2010
Tilting at Windmills: Some Final Thoughts on Dodd-Frank
If Senators needed any further reason not to vote for the misguided Dodd-Frank bill two stories over the last week should have pushed them into the NO column. The first...
September 16, 2010
Why Now Is Not the Right Time to Revamp Consumer...
The following is based on remarks made by David S. Evans at the New York Federal Reserve Board-New York University Conference on Regulating Consumer Financial Products, January 6, 2010, New...
September 16, 2010
Consumers Pay More with Durbin
Industry expect David S. Evans recently caught up with Shawn Miles, Group Head, Global Public Policy and Regulatory Counsel at MasterCard. With all the discussion around the regulatory change purposed...
September 16, 2010
Even With ‘No Dog in the Fight’, Phil Tomlinson Doubts...
A PYMNTS.com Exclusive By Philip W. Tomlinson, TSYS Chairman of the Board and CEO TSYS® serves most of the constituents in nearly every part of the payments chain – from...
