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On this day in 2023 - 10/18/2023

  • Writer: 17GEN4
    17GEN4
  • Oct 18, 2023
  • 2 min read

Wednesday

10/18/2023 - On this day in 2023





















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“Credit Card Competition Act” introduced by Sen. Durbin (D-IL) this past summer aims to give the Federal Reserve the power to control how payments on credit cards are routed. These new routing mandates on credit cards will shift billions in consumer spending to higher-risk payment networks. Doing so will weaken America’s payment system and put everyday consumers like you at significant risk of fraud. This is because your personal and financial data will be run over foreign, less secure networks. Source


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NEWS 10/18/2023 - On this day


 
 
 

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