The Clearing House Asks The Fed To Close The Interchange Fee “Loophole” For Fintechs

LexisNexis (June 9, 2021, 9:49 AM EDT) -- The Clearing House (TCH) is on a mission to convince the Board of Governors of the Federal Reserve System (Fed or Board) to even out the regulatory landscape for big banks in regard to the exemption small banks enjoy from limitations on interchange fees....