Durbin and Payments Innovation

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It’s certain that the Durbin Amendment will go into effect. While the rule’s exact parameters may not be known until July 21, the regulation’s impact on debit issuer strategies, and those attempting to compete with them, is already visible. The influence of the regulation will asymmetrically impact those interested in the debit business and reshape debit-based payments innovation.

Author: George Peabody
Published on: June 29, 2011

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