Banks, retailers weigh in on Durbin Amendment
Merchants accepting debit and credit cards know all too well transaction fees can quickly add up. But they may get some relief on the debit side this summer. The Durbin Amendment, which is part of the...
View ArticleThe Durbin dilemma
Dick Durbin, U.S. senator from Illinois, is not among the most popular people among JPMorgan Chase executives. Legislation written by him – known as the Durbin Amendment – will cap what banks like...
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