Durbin amendment

• CUNA, NAFCU Dispute Fed Finding That Interchange Income Unchanged for Exempt Shops

  By Heather Anderson  |  May 24, 2013

  Fed said data it collected show all networks provided a higher average interchange fee to exempt issuers than non-exempt issuers in 2012.

• NRF Announces Formal Opposition to Card Interchange Settlement

  By David Morrison  |  May 21, 2013

  The retail group, which had not been part of the original litigation, had been criticizing the settlement for months.

• Tracking Debit Card Interchange Still Confusing for Some

  By David Morrison  |  April 17, 2013

  Just when it might become more important than ever to be able to track the interchange that debit transactions generate for credit unions, many, if not most, may have not begun to uncover their debit programs’ bottom lines.

• Federal Reserve Leaves Durbin Caps Unchanged

  By David Morrison  |  March 6, 2013

  Durbin Amendment proponents, opponents hail, assail this week's announcement by Fed.

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  Onsite Coverage: Bachus Says Congress May Revisit Durbin, Reform Dodd-Frank

  By Heather Anderson  |  February 26, 2013

  WASHINGTON – Rep. Spencer Bachus (R-Ala.)had good news for credit unions during his speech Tuesday morning at CUNA’s GAC.

• Grocers Opt Out of Interchange Settlement

  By David Morrison  |  February 22, 2013

  National Grocers Association was one of original litigants in the anti-trust case and now rejects the preliminary settlement.

• Durbin Amendment Impact: $1 Million For CUs in Third Quarter 2012

  By David Morrison  |  February 19, 2013

  CUNA says data shows $1.38 million loss for 155 credit unions in that quarter alone in data trade studied.

• Consumer Advocate Calls Interchange Surcharge Fears Propaganda

  By David Morrison  |  February 4, 2013

  U.S. Public Interest Research Group director downplays potential consumer impact; sides with merchants in surcharge snit.

• Judges Decline Early Appeal of Card Decision for a Second Time

  By David Morrison  |  February 1, 2013

  Federal appeals court again rebuffs efforts to oppose interchange settlement until settlement is finalized.

• CUNA Objects to FTC's Interchange Characterization

  By David Morrison  |  January 9, 2013

  Trade writes letter to commission, arguing its report is based on "selective information."