Implementing the Durbin Amendment: How Consumers and Organizations Are Accommodating an Historic Change
Target Audience
All attendees will benefit from understanding the effect of the Durbin Amendment and potential future regulation.
Presentation Technical Level
Intermediate - The next step beyond the basics. For attendees with some industry experience.
Summary of Topic
Following more than a year of heated industry debate, the Durbin Amendment – which affects debit card positioning and significantly limits interchange – was implemented in October 2011. This timely session incorporates recent survey responses from thousands of consumers, as well as feedback from merchants, affected financial institutions, and from merchant acquirers documenting the initial outcomes and responses to Durbin. Learn how stakeholders are responding and what to expect as the Durbin Amendment and future regulation continue to force market change.
Submitters
Ms Beth Robertson, CCM, Javelin Strategy & Research
Presenters
Ms Beth Robertson, CCM, Javelin Strategy & Research
Title
Director of Payments Research
Presenter Biography
Beth Robertson, CCM is the Director of Payments Research at Javelin Strategy & Research. With nearly 30 years of experience in financial services, she has expertise in payments networks, services and strategies, including ACH, card, check and alternative payment systems. Beth serves on the Steering Committee of NACHA’s Council for Electronic Billing and Payment, and she is a permanently Certified Cash Manager. She has delivered numerous executive presentations for clients and at major financial services industry conferences and has been quoted in a wide array of news services and journals.