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  n It also raises as many questions as it answers. n He refrained from speculating on what changes might be made, but the panel agreed the Fed’s room for maneuver is constrained by Congress. The Fed’s rule implements the Durbin Amendment to the Dodd-Frank Act, passed by Congress last …

Now that the Federal Reserve’s new debit card interchange regulations are finally out in the open, the profile of yet another payment card interchange and rules controversy is slowly rising. That’s the raft of merchant antitrust lawsuits pending in U.S. District Court in Brooklyn, N.Y., collectively known as “MDL 1720.” …

Visa Inc. is bracing itself to lose some PIN-debit transaction volume in the newly regulated U.S. debit market, but the industry leader says it is ready to meet any challenges from competitors. “I still believe that we’re in a better position to compete in this environment than anyone else,” executive …

  Barring any dramatic departures from script by the Federal Reserve, which is charged with writing the regulations to implement the Durbin Amendment, it now appears that law’s stringent limits on debit card interchange will go into effect more or less on schedule, perhaps this month. The banks’ last hope …

  Karen Epper Hoffman   The recession and the shaky recovery have taken their toll on acquiring, though the business has fared better than most other industries. Now, the business could be set to soar—if factors like Durbin don’t choke off growth.   In an economy where even the strongest …

n by Steve Mott   While most observers have viewed Visa’s recent string of acquisitions as a mere broadening of its conventional card franchise, a long-time analyst of the payments business sees a clever play for dominance of the digital future.   Just when the U.S. payments industry appears poised …

  René M. Pelegero   The dominance of credit cards for online purchases means Durbin’s debit-interchange cuts won’t benefit e-commerce merchants as much as brick-and-mortar retailers. But, with some strategic thinking, online sellers can wring maximum savings out of the new regulations.   By the time this article went to …

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