Durbin and the Future of PaymentsSeptember 30, 2012Although banks lost interchange revenue because of it, the Durbin Amendment also provides opportunities for banks in cost savings and customer convenience.
Do Banks Deserve What’s Coming to Them?January 13, 2012Challenging market conditions, coupled with new legislative restrictions, make it essential that banks take a new approach to realizing revenue earned and to innovate for new revenue growth.
How Banks Can Overcome the Durbin AmendmentNovember 01, 2011Now that the final debit card-interchange rule is in effect, card- issuing banks need to respond strategically as well as a tactically, according to Accenture's Juan Pedro Moreno and Samantha Regan.
Banks Going the Way of Airlines, Netflix, With Debit FeesSeptember 30, 2011Industry experts say that the introduction of debit fees by big banks such as Bank of America echoes a trend that extends beyond the banking industry -- one that is causing customer dissatisfaction and drop-off.
USAA to Eliminate Debit RewardsJuly 07, 2011In anticipation of lost debit interchange fees as the result of Durbin Amendment caps, USAA Bank is eliminating its debit rewards program in order to continue its more-popular free checking and ATM fee refunds.