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7 Sep 2011, 1:36 pm
Robison's attempts at peaceful dialogue between the two camps (ECUSA and ACNA in the Diocese of Pittsburgh), I feel constrained to point out the real differences between them which render attempts at such an interchange ultimately fruitless, given the current status of Fr. [read post]
21 Jul 2011, 11:59 pm by J.W. Verret
 A growing body of evidence suggests that the burden of the DFA’s debit interchange price caps falls most heavily on smaller banks, thus I think one can argue that the interchange cap threatens Iowa’s franchise tax. [read post]
29 Jun 2011, 5:38 pm by Adam Levitin
What a sorry state of the world we live in where the bank regulators are the last people we can trust to actually regulate the banks. [read post]
16 Jun 2011, 2:33 pm by Ian Barlow, Associate
And now they come to us and say they want you to continue this subsidy, 50 percent of which go to the three largest banks in the United States of America,” Durbin said. [read post]
5 Jun 2011, 7:02 pm by Adam Levitin
The fact that debit card swipe fees have gotten to the state they're in is itself a testament to the political power of banks in the United States. [read post]
31 May 2011, 6:57 am by jbcporter
Interchange Cost Chart Senator Richard Durbin continues to defend his amendment, despite unprecedented opposition from financial institutions from multi-billion dollar banks down to the smallest credit unions, and penned an open letter to JPMorgan Chase CEO Jamie Dimon in which he wrote:  “[T]here is no need for you to threaten your customers with higher fees when you and your bank are already making money hand-over-fist. [read post]
25 May 2011, 6:30 am by Victoria VanBuren
  [This is the second installment in a three-part series on the Guest-Post:  States’ Rights, Big Business and the Nature of Arbitration:  AT&T Mobility LLC v. [read post]
13 May 2011, 7:33 am by Todd Zywicki
 Or will they have to get bank consumers to cover these costs? [read post]
11 May 2011, 5:35 pm by Adam Levitin
The mortgage servicing issues are an enormous drag on BoA generally, Wells knows that it is a huge litigation target in every state, Citi just wants to keep its head down, and Ally wants a clean bill of health for its IPO. [read post]
28 Apr 2011, 7:42 pm by Adam Levitin
The exemption for institutions with less than $10B in consolidated net assets is likely to be real--if Visa doesn't treat the small banks well, it lets MC grab market share, so V will treat them well and keep interchange fees for small banks where they are. [read post]
28 Apr 2011, 2:58 pm by Raymond McKenzie
It also includes providing advertising in such media as radio and television, whether provided solely by the franchisor or on a cooperative basis with franchisees;), trademark controls designed solely to protect the trademark owner’s legal ownership rights in the mark under state or federal trademark laws (such as display of the mark or right of inspection), health or safety restrictions required by federal or state law or regulations, agreements between a bank… [read post]
7 Mar 2011, 7:55 pm by Adam Levitin
 It speaks pretty strongly to the seriousness of the banks' wrongdoing and to the new bank-regulatory balance of power, where CFPB is able to lend a strong voice alongside FDIC and the state AGs and move issues when the facts are on their side. [read post]
2 Mar 2011, 9:43 am by Nicole Kellner-Swick
  For those who don’t know, interchange fees are fees that an issuing bank deducts from the amount it pays the acquiring bank that handles a credit or debit card transaction for a merchant.[17]  Typically, these fees are set by the credit card networks such as Visa and MasterCard and represent about 2% of the total sale.[18] Unlike credit cards, where the user borrows money from a creditor and pays it back at the end of the month, debit cards are directly… [read post]
25 Feb 2011, 12:10 pm by jbcporter
  If the rule isn’t changed, the result will be increased fees for bank customers to make up for lost interchange fees charged to retailers. [read post]
23 Feb 2011, 4:02 pm by INFORRM
” The article reports views from a conference in the United States where the attendees noted there was a whole new industry of reputation-restoration firms like the UK-based Kwikch [read post]
8 Feb 2011, 2:40 pm by James Hamilton
The American Bankers Association and the state bankers associations sent a joint letter to the Senate and House urging Congress to stop the implementation of the Fed’s interchange proposal implementing the Durbin interchange amendment in the Dodd-Frank Act. [read post]
23 Jan 2011, 7:14 pm by Adam Levitin
 You'd do better to play the state lottery (not that I recommend it). [read post]
2 Jan 2011, 5:57 pm by James Hamilton
According to the senator, these small banks can continue to receive the same high interchange fees that they do today and they will actually receive higher fee rates than their larger competitors. [read post]