May 25, 2011
Re-Routing the Exclusivity and Routing Provisions of the Durbin Amendment*
Late last year, the Federal Reserve issued a proposed rule that imposes on every bank and credit union an obligation that is virtually unheard of outside of the context of...
May 24, 2011
David S. Evans’ Oral Testimony on CFPB before House Committee...
May 24, 2011 – Written testimony from David S. Evans (Founder, Market Platform Dynamics) Chairman McHenry, Ranking Member Quigley, and Members of the Subcommittee, thank you for asking...
May 23, 2011
Exclusive Interview: The TSYS European Payments Strategy
The U.S and Europe often don’t see things the same way. Bathroom vs. loo. Soccer vs. football. In payments, it’s critical to know what to pack and what to leave...
May 20, 2011
Letter From the Editor-Spring 2011
This Spring 2011 issue, our 13th, marks an important turning point. When we started in 2005, while we could have dispensed with a print edition and published entirely online, we...
May 19, 2011
Tester Stands Up for Consumers, Offers Debit Card Compromise
Source: Electronic Payments Coalition May 18, 2011 Aims to Reach 60 Votes to Obtain Review of Embattled Fed Interchange Price Caps Move comes as giant retailer shirks recent data security...
May 17, 2011
The Branch is Dead…Long Live the Branch!
(Part of the Payments Redefined series) I was having dinner with an entrepreneur in the Indian payments space earlier today. The emerging business models and evolving consumer adoption trends in...
May 15, 2011
Durbin Could Deter Mobile Payments, Says AT&T Head
May 13, 2011 Apparently, payment cards aren’t Durbin’s only victim. The amendment that mandates the Federal Reserve to impose debit interchange regulations will also impact mobile carrier’s chances to effectively...
May 02, 2011
Panel: What’s the Problem, What’s the Solutions, Who Wins, Who...
Full Coverage: Debit Stakeholders Face Off at PYMNTS.com Durbin Conference DAVID EVANS: So I’m going to just turn this over to our moderator for the next panel, who is Doug...
April 28, 2011
Durbin Responds to American Bankers Association on Interchange… Again
April 28, 2011 (Source: durbin.senate.gov) [WASHINGTON, D.C.] – Assistant Senate Majority Leader Dick Durbin (D-IL) has responded to yet another letter from the American Bankers Association reiterating their opposition...