In the News

Understand the true impact of interchange regulation

interchange. Jul 24, 2023 CUNA and the American Association of Credit Union Leagues (AACUL) commissioned Cornerstone Advisors to study the impact of the 2010 Dodd-Frank Act’s Durbin Amendment, which implemented debit card routing mandates and debit interchange price caps.

CUNA, AACUL interchange study generates media coverage

interchange. Digital Media Solutions. CUNA. Jul 14, 2023 A new study conducted by Cornerstone Advisors shows the true cost of interchange and the harm that would result of Congress passes the current interchange bill.

Interchange Legislation Will Only Benefit Big Merchants

interchange. Jul 11, 2023 A new Cornerstone Advisors study, commissioned by CUNA, examines the effects of the 2010 Dodd-Frank Act’s Durbin Amendment and the proposed Credit Card Competition Act of 2023, introduced this Congress by Sen. Richard Durbin (D-IL).

CUNA Releases Study on True Impact of Interchange Regulation

interchange. CUNA. Jul 10, 2023 Credit Union National Association commissioned Cornerstone Advisors to study the impact of the Durbin Amendment, which implemented debit card routing mandates and debit interchange price caps.

Ask Members of Congress to Oppose Credit Card Interchange Bill

interchange. credit cards. Jul 10, 2023 Read a report released by Cornerstone Advisors: The True Impact of Interchange Regulation: How Government Price Controls Increase Consumer Costs and Reduce Security.

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

interchange. credit union. Jul 10, 2023 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.”