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Fox Business: Swipe Fee Caps May Hurt Consumers

Fox Business's WIllis Report used its Back of the Envelope feature to discuss the changes taking place in the banking industry due to the debit interchange fee caps moving into place on July 21. The caps, mandated by Dodd-Frank, will place a significant dent into credit union and bank fee income and lead to increased fees for consumers.

Uploaded on Jun 22, 2011

Tags: Fox, interchange, Dodd-Frank, Durbin Amendment Share on Facebook Share on Google+ Share on Twitter Send through email Embed Download

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