التفاصيل البيبلوغرافية
| العنوان: |
The Role of the FTC in the Payment Card Industry–An Examination of Regulatory Shortcomings and Suggestions for Improvement. |
| المؤلفون: |
CONSTANTIN, STEVEN M. |
| المصدر: |
North Carolina School Banking Institute Journal; Mar2024, Vol. 28 Issue 1, p79-127, 49p |
| مصطلحات موضوعية: |
CREDIT card fraud, DEBIT card fraud, TUITION, DODD-Frank Wall Street Reform & Consumer Protection Act, TRADE regulation |
| People: |
DURBIN, Dick, 1944- |
| مستخلص: |
The given text discusses the role of the Federal Trade Commission (FTC) in the payment card industry, specifically focusing on the regulatory shortcomings and suggestions for improvement. It examines the impact of the Durbin Amendment on interchange fees and routing requirements for debit card transactions, highlighting both the benefits and negative consequences for merchants and cardholders. The text also discusses the recent enforcement action by the FTC against Mastercard for alleged anticompetitive conduct. It raises questions about the FTC's role in the payment industry and the potential expansion of its mandate. Additionally, the text explores the need for the FTC to address data privacy and payment security concerns and consider the potential effects of expanding similar legislation to credit card transactions. [Extracted from the article] |
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| قاعدة البيانات: |
Complementary Index |
