Card issuers are predicted to lose significant debit-related revenue from the combination of regulations for debit-interchange and overdraft fees. Already, initial estimates are starting to emerge from the major debit-issuing banks. And it’s not just issuers who are impacted. The legislative changes taking place this year are causing stakeholders throughout the payments industry to consider the impact to their side of the market as well.

For years, the status of interchange regulation was in the process of being debated, or deadlocked. Now that it’s reached resolution as part of the sweeping Dodd Frank Financial Reform Bill, debit card issuers are left waiting for the final rules to be written. Banks are now left with the challenge of assessing how these changes will play out in the market, how they might impact their business, and what processes will need to be altered. In addition, potential opportunities could emerge.

This live interactive video panel brings together experts offering their perspectives on the market impact of the new rules, and suggests ways to retool your debit issuing business.

During this event, you’ll have the opportunity to pose questions live to a panel of experts. Key points covered will include:

• The Federal Reserve Board’s “reasonable and proportional” guidelines – what does this mean?
• Winners and losers of the new provisions—the obvious and not so obvious
• Aspects of the card issuing business most affected
• Impact on larger vs. small issuers
• Initial steps to identifying new revenue streams
• Does this open the door to other card-related regulation? If so, what could that look like?

Moderator:

• Will Wade, Technology and Payments Editor, American Banker

Will Wade is the Technology Editor at American Banker. He has been writing about cards and payments systems for eight years.

Presenters:

• Rod Bourgeois, Senior Research Analyst, Sanford C. Bernstein

Rod is known for his research and proprietary data on the IT outsourcing, consulting, business process outsourcing, offshore, and payment processing markets. He earned a magna cum laude BS in Economics/Finance from the Wharton School of the University of Pennsylvania and an MBA from Harvard Business School. Rod has been ranked by Institutional Investor as the #1 equity analyst in the Computer Services & IT Consulting sector in each of past four years, and he has been named to the Institutional Investor All-America Research Team in each of the past nine years.

• Patricia Hewitt, Director, Debit Advisory Service, Mercator Advisory Group

Patricia has over 25 years experience in the payments industry including holding senior leadership positions at a major commercial bank, leading software development firm, and Fortune 500 financial services company, in addition to her role as principal in her own consulting firm. Her broad range of industry experience includes merchant acquiring, debit product development, retail and bankcard credit software support and development, as well as operations, sales and marketing, and strategic business and alliance management.

Stay tuned for announcements of additional expert panelists!