WASHINGTON – A panel of security experts expressed doubt at Visa's Global Security Summit that regulations implementing a nationwide cap on debit interchange would do anything to further the effort to fight card fraud.
Instead they suggested at the April 27 session that the interchange cap mandated by the Durbin Amendment will likely leave card security efforts more muddled than before.
The panelist were almost unified on the notion that the Federal Reserve choosing and dictating card data protection technology would be a bad idea, although one panelist,
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
