PaymentsSource

Regulation

• Dodd Recounts War Stories Over Reg Reform

  PaymentsSource | August 24

  After a brutal 21-hour legislative session ending in the early morning hours of June 25, Senate Banking Committee Chairman Chris Dodd thought regulatory reform was finally finished.

• Javelin: Largest Card Issuers Could Lose $2 Billion Annually In Debit Revenues

  PaymentsSource | August 12

  The largest U.S. card issuers could lose more than $2 billion annually in debit card-related revenues from the combination of new regulations cutting into overdraft fees and pending debit-interchange regulation, according to a new report from Javelin Strategy & Research.

• New York AG Targets Predatory Health Care Lending

  PaymentsSource | August 5

  New York Attorney General Andrew Cuomo today announced an investigation into predatory health care lending where consumers - especially seniors and vulnerable patients - are being misled about financing terms, causing them to be pushed into debt.

• Florida Credit Union To Share Debit Card Interchange With Local Schools

  Credit Union Journal | August 2

  Pensacola, Fla.-based Pen Air Federal Credit Union has established a new Share It debit card program to benefit five school districts, including Escambia and Santa Rosa.