Brace for an Interchange Squeeze
- Date:January 28, 2021
- Author(s):
- Krista Tedder
- Mark Schwanhausser
- Research Topic(s):
- Tech & Infrastructure
- Digital Strategy & Experience
- Digital Banking
- PAID CONTENT
Overview
A Justice Department antitrust lawsuit did more than scuttle Visa’s $5.3 billion acquisition of Plaid. It spotlighted a worrisome strategic issue facing the financial services industry in 2021: the threat to interchange revenue. This squeeze -- led by pandemic-pressed merchants and legislators seeking to whittle card fees – threatens to shake the worlds of payments, digital banking, wealth management, lending, fraud and more. Join Javelin directors Krista Tedder and Mark Schwanhausser to learn why financial institutions should plan now to cope and adapt.
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