August 19, 2011 08:14 AM Eastern Daylight Time
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of Javelin Strategy & Research's new report "The Durbin Amendment: Planning for $ix Billion in Change to Banks, Networks, Merchants and Consumers" to their offering.
“The Durbin Amendment: Planning for $ix Billion in Change to Banks, Networks, Merchants and Consumers”
On June 29, 2011, the Board of Governors of the Federal Reserve System announced definitive Durbin-based regulations affecting debit interchange rates, network exclusivity, and routing. Fraud provisions were also announced but remain in an interim status with comments due by September 30, 2011. This report explores the initial outcomes, implications, and longer-term expectations of the Durbin Amendment as it moves toward initial implementation in October of this year, detailing the amendment's effects on various stakeholders and making recommendations about how institutions, networks, and others should respond.
Primary Questions
- What are the final and interim Durbin Amendment requirements?
- How will the Durbin Amendment affect various stakeholders: networks, issuers, acquirers, merchants, consumers, and regulators?
- What additional consequences will accrue to affected parties?
- What environmental changes will be fostered by Durbin Amendment implementation?
- Is the Durbin Amendment a harbinger of additional regulation of the card and overall payments industry?
Companies Mentioned:
- BankofAmerica
- NYCE
- BankofNewYorkMellon
- PNC
- CapitalOne
- STAR
- Citigroup
- SunTrust
- Discover
- TDBank
- JPMorganChase
- U.S.Bancorp
- KeyBank
- Visa
- MasterCard
- WellsFargo
For more information visit http://www.researchandmarkets.com/research/5b5b47/the_durbin_amendme
