The convergence of the financial crisis, global recession and recently-enacted banking regulations has created nearly unprecedented economic turmoil for financial institutions in the United States. In the midst of these negative forces, many banks and credit unions have struggled to maintain revenue growth, profitability and customer satisfaction. With the Federal Reserve Board's release of the final Durbin Amendment rules in June 2011, much of the lingering regulatory uncertainty was finally resolved, allowing financial institutions to begin implementing new strategic visions and broad operational changes that can ultimately improve their bottom lines.

First Data has identified several tactics that financial institutions are deploying to reduce costs, mitigate the effects of new regulations, and maximize overall profitability.