Durbin Amendment
topic on 4 shows · 3 statements across 3 episodes · said 4 times in 2 episodes since 2025
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2026 3 mentions in 1 episode
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3 statements about Durbin Amendment, every show
O'Driscoll: Sub-$10B banks earn 1.2% debit interchange versus 0.5% for large banks
“There's a rule that says if you are a bank more than ten billion dollars in assets, you can only charge approximately, the devil's in the details, but approximately 50 bips on a debit card. If you are a sub ten billion dollar bank, you can charge more, and the…”
Garrett: The Durbin Amendment was a core catalyst for modern fintech
“Underappreciated, but like Dodd-Frank post the GFC the Durbin amendment literally was like probably one of the core pieces of legislation that created the FinTech industry, right? Like you actually had interchange based business models that could compete enter…”