PULSE Launches Debit Regulations Resource Center
Web-based Center a Hub for Debit-Related Information and Analysis
HOUSTON, TX – Feb 9, 2012 — To meet the ongoing needs of payments industry professionals, PULSE, one of the nation's leading debit/ATM networks, today launched a new Debit Regulations Resource Center. The web-based resource center provides information on debit-related legislation, regulations and compliance matters, which are of keen interest to financial institutions, merchants and acquirers.
The microsite is an extension of PULSE's previous Durbin Amendment Resource Center, which served as a central hub for news and insights regarding debit card legislation. Now that the Federal Reserve Board has developed its final rule implementing the amendment, PULSE has repurposed and redesigned the resource center to expand its focus to help PULSE participants respond to the changing debit market.
"We heard from many of our participants that they valued the convenience and comprehensiveness of this resource for debit-related legislative and regulatory news and information, and we believe that expanding the focus of the site will drive even greater value to our network participants," said Steve Sievert, PULSE Senior Vice President of Communications and Marketing. "The Debit Regulations Resource Center is one more way for PULSE to provide guidance and insight to our clients."
Through the Debit Regulations Resource Center, PULSE will continue to follow debit issues closely and analyze the impact of the changing regulatory environment on the payments industry. The center also will feature best practices and engage independent subject matter experts to share their insights.
PULSE, a Discover Financial Services (NYSE: DFS) company, is a leading debit/ATM network, serving more than 6,300 financial institutions across the United States. This includes 4,300 issuers with which PULSE has direct relationships and more than 2,000 additional issuers through agreements PULSE has with other debit networks. PULSE links cardholders with ATMs and POS terminals at retail locations nationwide. Through its global ATM network, PULSE provides worldwide cash access for Diners Club and Discover cardholders through more than 800,000 ATM locations. The company also is a source of electronic payments research and is committed to providing its participants with education on emerging products, services and trends in the payments industry.