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Letter from the editor

isa and Mastercard
presented their ratio-
nale for maintain-
V ing the interchange
and card network status quo at
a May 4, 2022, hearing of the
Senate Judicial Committee, chaired by Sen. Richard
Durbin, D-Ill. He was the force behind regulation of
debit card interchange and network access through
Howdy
an amendment to the 2010 Dodd-Frank Act. Now, Howdy
he's taking another swing at the major card brands,
protesting their recent interchange increases and pre-
Y’all!
senting proposals to loosen the stronghold the two Y’all!
companies have on credit and debit card networks.
This issue's lead article covers compelling arguments
made from differing perspectives on these issues at
the hearing. We have data on the impact of the Durbin
Amendment; we have only educated projections on
the impact Durbin's new proposals might have. It
looks like now is a good time for those invested in
the outcome of new regulatory efforts to get involved
and reach out to their senators and representatives in
Congress.
I
It's also an excellent time for professionals invested I’m working hard to help you increase ’m working hard to help you increase
in the payments industry to get involved in the trade-
y
shows that are opening for in-person interactions your bottom line today! our bottom line today!
with gusto. And one of our contributors discusses the
N
many benefits to joining peers at upcoming shows, No Bullo Bull
including the Southeast Acquirers conference taking
place June 13 to 15, and the Midwest Acquirers show
coming up July 27 and 28. Other topics explored by Customized advertising campaigns
our contributors include why BNPL works best as part
of an end-to-end digital commerce solution; how one to fit any size company and budget.
fintech startup with a galvanizing concept is beating
the odds; and an explanation of cash discount and • Spotlight Innovators’ Pages
surcharge rules and why it's essential to heed them. (frequently updated content)
We publish news stories regularly on www.greensheet. • Print (various size options)
com and have highlighted a portion of those in this
issue, including a report on multiple challenges small • Resource Guide listing
and midsize businesses face now; a meeting between (print/online/front page options)
leaders in financial services and payments and gov-
ernment officials in Washington, D.C.; Chase's full- • Email Blasts (to GS readership)
throttle support for Small Business Week; and a report
on best practices for U.S. money services businesses • Online (website/twice monthly magazine)
for implementing risk-based anti-money laundering • Video
programs.
• Bundle advertisng campaign discounts*
We've also included updates on milestones within the
payments community, including recent executive ap-
pointments, company acquisitions, research, partner- Rick Aston
ships, specifications and guidance, and awards and
honors. You'll also find company and product profiles Senior Media Partnership Specialist
and words of inspiration—all of which offer to help
707-284-1693
empower you in your career. Please send us your 707-284-1693
feedback at greensheet@greensheet.com, and keep
your news coming to press@greensheet.com.
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