Bank Policy Institute

BPI released new Morning Consult survey results today that reveal Americans overwhelmingly value the convenience, security and widespread acceptance of debit cards, with many expressing concerns about government interference in fixing prices in private markets. The survey also found that a large majority of consumers believe it is fair for retailers to pay for the goods and services they use to operate, even if doing so cuts into their bottom line. Read the full results: https://lnkd.in/e6KHB2xR

RELEASE: BPI and The Clearing House Association Seek to Intervene in Corner Post Case Challenging Debit Interchange Limits Read the announcement — https://lnkd.in/eAb4X5vP

In this edition of BPInsights ??: ?? How Should the Federal Government Oversee Nonbanks in the Payments Business? ?? The History of the Discount Window, and How Stigma Started ?? The FDIC Extends the Comment Period for Its Brokered Deposits Proposal Read the latest edition and sign up to receive BPInsights in your inbox every Saturday morning: https://bpi.com/sign-up/

?? We're Hiring: VP, Fraud Reduction ?? Join BITS, the technology policy division of BPI, to lead industry efforts in shaping the future of fraud mitigation and enhancing consumer protection in the banking sector. You'll: -?????????Develop fraud reduction strategies -?????????Lead cross-sector projects and initiatives -?????????Engage with members, regulators and key stakeholders ?? What We're Looking For: -?????????Experience in fraud strategy, risk management, or technology -?????????Strong project management and leadership skills Apply now on our profile or at: https://bit.ly/BPI-hiring

In this edition of BPInsights ??: ? ?? An FDIC Board Member’s View on the Latest Draft of the Basel Proposal ?? A New Legal Ruling on Credit Line Disclosures ?? The Latest in a Pivotal Case on Fed Master Accounts ? Read the latest edition and sign up to receive BPInsights in your inbox every Saturday morning: https://bpi.com/sign-up/

October is #CybersecurityAwarenessMonth, a dedicated month for the public and private sectors to work together to raise awareness about the importance of cybersecurity. The financial sector was the first to form an information sharing and analysis center in 1999 and established a strong sector coordinating council in 2002 – both of which have served as leading examples other critical infrastructure sectors have tried to replicate. Learn more about FS-ISAC and some of the other collaborative efforts the financial services sector has underway at: https://lnkd.in/ezA-sSRJ

In this edition of BPInsights ??: ?? Where Does the Basel Reproposal Stand? ?? House Lawmakers Take Aim at ‘Politicized’ Banking Rules ?? Fed’s Bowman: Regulators’ Lack of Business Experience is a Blind Spot Read the latest edition and sign up to receive BPInsights in your inbox every Saturday morning: https://bpi.com/sign-up/

Recent commentary has raised concerns with growth in banks’ use of synthetic risk transfers, sometimes also referred to as credit risk transfers, to transfer default risk on credit assets to third parties. Learn how SRTs work, why banks are incentivized to use them and the factors that mitigate concerns raised about their use: https://lnkd.in/e3XwhkfP

Morning Consult conducted a survey on behalf of BPI that reveals Americans overwhelmingly believe it is fair for retailers to pay for the goods and services they use to operate, even if doing so cuts into their bottom line. Access the full survey results at ChainStoreCharity.com

In this edition of BPInsights ??: ?? Will the agencies work together on a reproposed Basel rule – and when? ?? Why foreign banks have a diminished presence in U.S. capital markets. ?? What does the latest regulatory move mean for bank M&A? Read the latest edition and sign up to receive BPInsights in your inbox every Saturday morning: https://bpi.com/sign-up/