Durbin Amendment

New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
May 21, 2024  |  Banking

For banks eyeing the impact of the Durbin Amendment — and the prospect of debit interchange caps — there might be some relief coming from Congress. A bill that was approved...

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Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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Mastercard Agrees With FTC Card Data Routing Order
Mastercard Agrees With FTC Card Data Routing Order
May 30, 2023  |  Regulation

Federal regulators have finalized an order requiring Mastercard to share card data with other payment networks. The Federal Trade Commission (FTC) said the consent order settles...

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Is The White House’s Big Tech Executive Order A Solution In Search of A Problem?
Is The White House’s Big Tech Executive Order A Solution In Search of A Problem?
July 26, 2021  |  The Durbin Amendment Briefing Room

President Joe Biden kicked off the month of July with a bang, signing a sweeping executive order (EO) aimed at promoting competitive markets across the...

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Deep Dive: How Payment Card Networks Win Merchants Over
Deep Dive: How Payment Card Networks Win Merchants Over
April 01, 2020  |  Next-Gen Debit

U.S. shoppers made 72.7 billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. Consumers only see a small part of...

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GOP Just Says No To Debit-Card Fee Hike
GOP Just Says No To Debit-Card Fee Hike
May 26, 2017  |  Regulation

Retailers — led by Walmart — seem to have beaten back an attempt to raise swipe fees, according to Congressional aides speaking to Bloomberg.  Despite...

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Group Of More Than 400 Retailers Urges Congress Not To Repeal Durbin Amendment
Group Of More Than 400 Retailers Urges Congress Not To Repeal Durbin Amendment
September 07, 2016  |  Regulation

More than 400 big and small retailers have joined forces to urge Congress not to repeal the Durbin Amendment to the Dodd-Frank Wall Street Reform...

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Analysts Eye Swipe Fee Rules For Commercial Cards
Analysts Eye Swipe Fee Rules For Commercial Cards
August 27, 2015  |  B2B Payments

The debate surrounding interchange fees is been burning bright for several years. Most often, however, the discussions focus on the impact of capping these fees...

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