BIG Podcast

John and Glen discuss the Credit Card Competition Act, the lessons that can be gleaned from “Durbin 1.0”’s impact on debit, the potential impact on credit interchange, and possible workarounds. Also, John declares body parts in his checked baggage.   Links related to this episode:   The FII Institute: https://fii-institute.org/  BAI’s take on the implications of Durbin 2.0: https://www.bai.org/banking-strategies/article-detail/whats-next-if-durbin-2-0-becomes-law/  Business Insider’s take on the political machinations: https://www.businessinsider.com/personal-finance/credit-card-competition-act-good-veterans-bad-for-rewards-2022-10  CUNA’s stance on attempts to attach the bill to the National Defense Authorization Act: https://news.cuna.org/articles/121611-financial-services-trades-to-congress-ndaa-shouldnt-be-a-payday-for-retailers  Payment Dive’s update on the latest twist that may keep interchange out of the NDAA: https://www.paymentsdive.com/news/credit-card-payments-competition-bill-durbin-congress-de