Electronic Payments Coalition
Recent News About Electronic Payments Coalition
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Managing Director of NERA on credit card competition act: ‘A decrease in credit card rewards is likely to be associated with a decrease in interchange fee revenue’
Alan Grant, Managing Director at NERA, said that a decrease in credit card rewards could correspond with a decline in interchange fee revenue, with variations in impact across different consumers.
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Missouri Bankers Association: Hawley-backed credit card bill 'is bad policy for consumers and banks'
A spokesperson for the Missouri Bankers Association (MBA) said an analysis released earlier this month shows that proposed federal credit card regulations backed by U.S. Sen. Josh Hawley (R-Mo.) would be "bad policy" for the state's banks and consumers.
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National Payments Group: Hawley-backed credit card regs ‘anti-growth and dangerous for America’
Federal credit card regulations proposed in 2023 could lead to a loss of $227 billion in economic activity and 156,000 job losses, according to an analysis conducted for the Electronic Payments Coalition (EPC) by Oxford Economics Research (OER).
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Financial orgs joint letter to Sen. Hawley: 'To say that consumers will benefit from the Durbin-Marshall bill is inaccurate'
A group of financial organizations including the American Bankers Association, Electronic Payments Coalition, Consumer Bankers Association, and others, sent a joint letter to U.S. Sen. Joshua David "Josh" Hawley and other members of the Senate Committee on the Judiciary in opposition of the proposed Credit Card Competition Act.