[Chambo]

The reason why alternative financing is expanding so rapidly is BECAUSE of the regulation hurdles that banks face. If there is one thing which would literally destroy us, it is a massive increase in regulations.

It wouldn't destroy the industry one bit. The small ISO shops, the unscrupulous reps, who bank on and rely on fees and stacking and the like, yeah, THEY are screwed....but is the industry screwed? Hardly

[Mmarano]

Calm down Chamo, I understand you know, But nobody is screwed.. Lol.

It wouldn't destroy the industry one bit. The small ISO shops, the unscrupulous reps, who bank on and rely on fees and stacking and the like, yeah, THEY are screwed....but is the industry screwed? Hardly

[AndyYSCISOdept]

It wouldn't destroy the industry one bit. The small ISO shops, the unscrupulous reps, who bank on and rely on fees and stacking and the like, yeah, THEY are screwed....but is the industry screwed? Hardly

How is that not destroying it? There are a lot of people out there making a lot of money with the way things are, now keep in mind Im neither saying its right nor wrong, Im just saying that if things changed that dramatically that would constitute "destruction". But who knows maybe that wouldn't be a bad thing and we could build it up even better than before.
I'm still for "self policing" as the best course of action IMO