Molly Wilkinson, executive director of the Electronic Payments Coalition, argued in a Forbes report Tuesday (Feb. 7) that the new Congress under President Donald Trump should reconsider the Financial CHOICE Act that repealed price controls under the Dodd-Frank Act. According to Wilkinson, the provision will help consumers and...
The Data Security Act of 2015 (H.R. 2205) took one step closer to becoming reality on Wednesday (Dec. 9) after it was voted out of the House Financial Services Committee, Credit Union Times reported. The bill came through on a 46-to-9 vote and, geared toward...
October 10, 2022
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. The latest attempt, spearheaded by U.S. Senators Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.), is intended to pass a law that challenges the interchange fees set by Visa and Mastercard. A challenge that does […]
February 08, 2017
Molly Wilkinson, executive director of the Electronic Payments Coalition, argued in a Forbes report Tuesday (Feb. 7) that the new Congress under President Donald Trump should reconsider the Financial CHOICE Act that repealed price controls under the Dodd-Frank Act. According to Wilkinson, the provision will help consumers and small businesses and increase the strength of small banks and […]
December 10, 2015
The Data Security Act of 2015 (H.R. 2205) took one step closer to becoming reality on Wednesday (Dec. 9) after it was voted out of the House Financial Services Committee,...