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.
Book a Meeting with the Author
Related content
The Role of Developers: Building Developer Communities
Developer portals at banks will be crucial to advancing open-banking APIs in a way that ensures efficiency, consumer safety, and innovation. This Javelin Strategy & Research report...
The Future of Payments Is Coming. Is Your Core Ready?
Modernizing core banking systems is now essential for delivering real-time, secure, and scalable payments. This Javelin Strategy & Research report examines how legacy cores are bei...
The Proxy Economy: AI Agents and the Payment Stack
For technology leaders at financial institutions, the change in assumptions brought about by agentic commerce—removing people from transactions—also changes how systems are designe...
Make informed decisions in a digital financial world