Possible changes to the credit-issuing business
After years of increases, the interchange model of four-party networks is under regulatory and competitive pressures. Moreover, the industry’s own efforts to reduce card fraud could amplify the issue.
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Published on: June 10, 2014
Author: Michael Misasi
Alternate Point of Contact: Amy Dunckelmann
Possible changes to the credit-issuing business
After years of increases, the interchange model of four-party networks is under regulatory and competitive pressures. Moreover, the industry’s own efforts to reduce card fraud could amplify the issue.