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How the Durbin Amendment sparked the modern fintech industry

2 pointsby ericglymanalmost 3 years ago

1 comment

tims33almost 3 years ago
Great article. There wasn’t much legislators did to combat the too big to fail banks, but the Durbin amendment was certainly an effective boost for small banks to compete for Fintechs. It’s why Chase’s Jamie Dimon is now so vocal about changing these rules.