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Table of Contents

Lead Story

Tablets, smart phones or the cloud for mobile payments?


Industry Update

Global Payments, payments community respond to reported breach

Gift card providers pull out of N.J.

Trade Association News


Seven essential steps for creating a successful social media strategy

Marc Beauchamp
Performance Training Systems

Research Rundown

Mobile payment experts disagree on NFC dominance

Durbin's impact on major banks

Selling Prepaid

Prepaid in brief

Demands of a standardized fee disclosure box

How consumer segmentation leads to success


Has payment fraud become SOP?

Patti Murphy
ProScribes Inc.

ISOs and MLSs: How banking changes will affect you

Brandes Elitch
CrossCheck Inc.


Street SmartsSM:
Lessons for a lifetime

Jeff Fortney
Clearent LLC

Moving mobile payments to the next level

Nicholas Cucci
Network Merchants Inc.

In search of an ethical corporate culture

Dale S. Laszig
Castles Technology Co. Ltd.

The challenge of data breach reporting

Mark Brady

What matters most in a restaurant POS system?

Jerry Cibley
The POS Man

Company Profile

Chargeback Guardian Inc.

New Products

Mobile check deposit

Simply Deposit Mobile
RDM Corp.

Bundling mobile payments

All Inclusive Mobile Merchant (AIMM)
CardWare International, Resource Leasing Co.


Community and the payment pro


10 Years ago in
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Resource Guide


A Bigger Thing

The Green Sheet Online Edition

April 23, 2012  •  Issue 12:04:02

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Durbin's impact on major banks

Since the October 2011 implementation of debit fee interchange regulation under the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, experts have kept an eye on its fiscal impact on banks, merchants and consumers. The regulation limits debit interchange fees charged by banks with assets of $10 billion or more to an average 24 cents per transaction, down from the prior average of 44 cents.

SNL Financial LC monitors the 20 largest U.S. public bank holding companies based on quarterly regulatory filings. "As predicted, the Durbin limits had a noticeable impact on some banks, while other large financial institutions like American Express Co. and Citigroup Inc. were left relatively unscathed because they either do not issue debit cards, or debit interchange revenue is not a meaningful source of income for the companies," SNL stated in a recent report.

Bank & credit card interchange fees ($M)

View the full report, Durbin's Wrath, by Sankit Shah and David Hayes, at

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Simpay | USAePay | Impact Paysystems | Board Studios