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Financial institutions maintain electronics payments competitiveness, survey finds
Survey results have determined voters still prefer bank institutions over retailers with regard to developing payment technologies and protective initiatives. The effort executed by Morning Consult showed four in five voters agree stores should update their technologies to ensure customers have a range of payment options at the register and retailers should share in the infrastructure fees that make electronic payments possible. Continue Reading
New Video: Electronic Payments 101
Infographic: Voters Trust Banks & Card Companies with Security Information
Retailers, Financial Institutions Go Local in Debit Card Fee Fight
On the other side of the issue, the Electronic Payments Coalition is running a digital ad campaign in Washington and other advertising in key congressional districts. Those districts include Budd’s, and the districts represented by House Financial Services Chairman Jeb Hensarling (R-Texas) and Financial Institutions and Consumer Credit Subcommittee Chairman Blaine Luetkemeyer (R-Mo.). One digital ad argues that the consumer got “screwed” by the Durbin amendment and the second is an animated video on the need to repeal the Durbin Amendment. Continue Reading