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Commercial Card News Brought to You by the NAPCP: Industry Regulation

Fed will meet June 29 to finalize debit interchange

Wednesday, June 22, 2011   (0 Comments)

Since the July 2010 passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the industry has been closely watching how the Federal Reserve addresses debit interchange, as directed by the "Durbin Amendment" in the Act. The wait should be over next week, as a result of the June 29 meeting. 

Visit the related Federal Reserve webpage for more information about the meeting and/or refer to previous NAPCP news items on this topic:

  1. December 2010: Federal Reserve releases proposed debit interchange rules
  2. June 2011: Proposal to delay debit interchange regulation rejected in Senate

Members, see also information about interchange regulation in the U.S.

 


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