Kristin Moyer

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Entries Tagged as 'interchange'


Fed Proposal on Debit Interchange Requires Radical Retail Banking Profitability Re-engineering

by Kristin Moyer  |  December 23, 2010  |  Comments Off

The banking industry is undergoing radical transformation, and banks must adapt.  Debit cards are the latest area of transformation needed for US issuers.  The Dodd-Frank Wall Street Reform and Consumer Protection Act included provisions regarding debit card interchange fee and routing.  In response to this, the Federal Reserve Board unveiled a proposed rule that would [...]

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Category: payments     Tags: , , ,