Durbin Amendment News Today

New legislation making its way to the House floor for a vote may exempt more banks from the Durbin Amendment cap.

Community banks are the lifeblood of many small towns and rural areas across Montana. They play a crucial role in supporting our local businesses, providing access to credit, and fostering

As he looks towards a possible 2025 IPO, CEO Chris Britt opens up about his own history and Chime’s current business and future. Could Washington stomp on his plans?

The following is the opinion and analysis of the writer:

No risk, no reward. Banks can design an embedded-finance offering based on their size, distribution footprint, customer base, and product portfolio.

Last Thursday, two Congressional hearings took place in the U.S. House of Representatives that demonstrate just how far America has drifted from its founding principles.

In 2010, Congress capped fees for debit card networks so merchants don't get gouged by Visa and Mastercard. But the Fed stuck in a loophole for Discover. And that is leading Capital One to buy it.

Banking news

Based on 2023 numbers, the deal would make Capital One the largest credit card lender in the United States.

This edition of Fintech Flash identifies key issues we anticipate will impact the payments industry in 2024. First, the payments regulatory landscape continues to evolve...