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The Credit Card Competition Act Is Not A Good Deal for Consumers - Vimarsana News

The Credit Card Competition Act Is Not A Good Deal for Consumers

Mandating that retailers be allowed to route card transactions to any network will result in some low income credit card users losing access to credit cards altogether.

Source: forbes.com
Durbin Remains Persistent – And Misguided - Vimarsana News

Durbin Remains Persistent – And Misguided

Sen. Durbin is at it again, and the new Republican Senator from Ohio, J.D. Vance, is on board. But expanding his 2010 policy to credit card markets will harm consumers.

Source: forbes.com
A Bipartisan Credit Card Bill Reintroduced In Congress to Foster Greater Competition - Vimarsana News

A Bipartisan Credit Card Bill Reintroduced In Congress to Foster Greater Competition

A new credit card bill that targets the monopoly of Visa and Mastercard over the credit card industry ...

What is the Credit Card Competition Act? - Vimarsana News

What is the Credit Card Competition Act?

The Credit Card Competition Act: Here's where the proposed legislation stands in Congress, and how it could affect credit card rewards.

FTC Approves Consent Order With Payment Card Network Operator For EFTA Violations - Financial Services - Vimarsana News

FTC Approves Consent Order With Payment Card Network Operator For EFTA Violations - Financial Services

The FTC's Complaint alleges that the company "refused to comply" with Regulation II, which is colloquially known as the "Durbin Amendment," ..

Source: mondaq.com