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Regulation of the Debit Card Industry: What’s Happened and What’s Next
Program
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8:30-9:00
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Registration & Continental Breakfast
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9:00-9:15
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Introduction by Karen Webster, CEO, Market Platform Dynamics
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9:15-10:15
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The Durbin Amendment: The First Two Years
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What have we learned including the extent to which the regulation accomplished its goals, whether there were unintended consequences, and how the lessons of the last two years instruct on how the Fed should consider revising the rules?
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Moderator:
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Karen Webster, CEO, Market Platform Dynamics
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Panelists
Mallory Duncan, SVP & General Counsel, NRF
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David Evans, Chairman, Global Economics Group
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Doug Kantor, Partner, Steptoe and Johnson
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Margaret Weichert, National Lead Payments, EY Advisory
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10:15-10:30
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Coffee Break
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10:30-11:30
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Routing Transactions
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Can the industry accomplish what Judge Leon says it must? At what cost? For what purpose and with what if any unintended consequences?
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Moderator:
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David Evans, Chairman, Market Platform Dynamics
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Panelists
Thomas Brown, Partner, Litigation Department, Paul Hastings
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Gloria Colgan, Managing Director, Market Platform Dynamics
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Reed Luhtanen, Sr. Director Payments Strategy, Walmart
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11:30-1:00
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Reinventing the Business Model
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Rather than regulating interchange fee levels, has the time come to completely rethink the business model of payments? Is it possible to come up with a better model that satisfies merchants, consumers, banks, and networks?
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Moderator:
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Karen Webster,CEO, Market Platform Dynamics
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Panelists
Tim Attinger, Strategy, Corporate Development & Digital Innovation, Blackhawk Network
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Paul Purcell, Co-Founder & Partner, Continental Advisors
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1:00-2:00
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Seated Lunch
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2:00-3:15
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Constitutional and Administrative Law Issues
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How much deference should the courts give to the Fed? Does the answer differ for price caps versus routing, and was the regulation constitutional?
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Moderator:
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David Evans, Chairman, Market Platform Dynamics
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Panelists
David Balto, Founder, The Law Offices of David Balto
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Richard Epstein, Laurence A. Tisch Professor of Law, NYU
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Bob Litan, Director of Research, Bloomberg Government
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Alex Miller, Senior Associate General Counsel, Visa
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3:15-3:30
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Coffee Break
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3:30-4:30
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The Regulation of Interchange Fees
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What have we learned in the last decade, from economic theory and the results of interchange fee regulation on whether interchange fees should be regulated and how?
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Moderator:
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Scott Schuh, Director & Economist-Consumer Payments Research, Boston Federal Reserve Bank
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Panelists
Bob Chakravorti, Manging Director & Chief Economist, The Clearing House
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David Balto, Founder, The Law Offices of David Balto
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David Evans, Chairman, Global Economics Group
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Todd Zywicki, George Mason University Foundation Professor of Law, George Mason University Law School
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DURBIN EVENT PARKING: Parking fees to be paid by the attendee
The Willard Hotel 1401 Pennsylvania Avenue NW Valet Only $31
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Quik Park 1301 Pennsylvania Avenue NW Self Park/Limited Availability $31
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The JW Marriott Hotel 1333 Pennsylvania Avenue NW Valet only $47.56
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Colonial Parking 607 14th Street Self Park/Limited Availability $20
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REGISTRATION FEES
For more information about the event, or how your company can become a sponsor, please contact Pamela Bittner at pbittner@pymnts.com.
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