PYMNTS
JUNE 23, 2020
The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number is the highest since 2010’s 44 percent, the index says. Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3
Payments Source
MAY 25, 2017
Known as the Durbin Amendment, the measure was included in the 2010 Dodd-Frank Act to limit how much money banks can charge retailers when consumers use their debit cards. Big-box retailers have beat back banks’ latest attempt to kill a legislative provision that has cost lenders billions of dollars in lost revenue.
Clearly Payments
APRIL 25, 2024
financial system since it began in 2010. Here are its key provisions: Interchange Fee Cap: The amendment limits the fees that banks issuing debit cards can charge retailers for processing debit card transactions. The Durbin Amendment has reshaped the U.S. This puts the maximum fee at a set amount, currently at 0.05% and $0.21
PYMNTS
SEPTEMBER 29, 2016
Interestingly, even at that top of the new range, should pricing remain there, at the close of the day, the market cap of $1.8 billion since its founding in 2010. There’s also an additional allotment of Class A stock should the demand materialize, for up to 2 million shares, which can be bought by the underwriters.
PYMNTS
JANUARY 8, 2020
2019 marked a record year, capping a decade of successive increases in capital invested in the Israeli high-tech industry,” said Shmulik Zysman, ZAG founding partner. billion from 2010-19. Israel’s technology sector had a banner year in 2019, raising $8.3 High-tech companies raised $39.1 In the fourth quarter, tech firms notched $2.3
Stax
DECEMBER 20, 2023
On a federal level, the Durbin Amendment , part of the Dodd-Frank Wall Street Reform and Consumer Protection Act was introduced in 2010 and limits transaction fees. The Durbin Amendment was enacted in 2010 to protect consumers from hidden fees. Q: Why isn’t debit card surcharging legal?
PYMNTS
FEBRUARY 6, 2019
billion in revenue since its initial public offering (IPO) in 2010, reports said, with shares climbing more than 780 percent during that time. There are also fees linked to paying card bills via wire transfer, and fees if the fleet cards go unused. FLEETCOR posted $2.2
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