In the News

Interchange Legislation a ‘Bad Idea’ for CUs, Members & Businesses

Written by Michael Ogden | Jul 10, 2023 10:23:00 PM

The report published by Cornerstone Advisors found debit card routing mandates have “brought ongoing negative impacts” despite exemptions in the law for smaller credit unions and financial institutions. The report also added that “expanding mandates to credit cards would further compound the problem.”