Real-time payments network hit record transactions in Q1
The Clearing House's real-time payments network handled a record 76 million transactions in the first quarter of 2024, valued at...
Payments
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud
A new U.K. regulation requiring banks to reimburse customers for losses resulting from push payment fraud “deserves greater discussion and...
Rosenkoetter tapped to lead ABA Card Policy Council
Thomas Rosenkoetter has been named executive director of the ABA Card Policy Council, which advocates on behalf of the nation’s...
ABA urges Basel Committee to modify changes to cryptoasset standard
ABA said that while the Basel Committee is moving in the right direction in seeking to clarify its standard on...
ABA core provider survey cited in Kansas City Fed research brief
While the researchers do not draw any conclusions, they discuss evidence of how “potentially unfair” contract terms may contribute to...
The Points Guy says no thanks to the Credit Card Competition Act
‘Would you like to spend every single time you make a purchase begging to do it on the network that...
Podcast: The Points Guy on why credit card rewards matter
The Points Guy founder Brian Kelly discusses his personal story of getting involved with reward travel, his opposition to efforts...
ABA urges CFPB to withdraw proposed ban on certain NSF fees
ABA urged the CFPB to withdraw a proposed rule to prohibit certain insufficient funds fees as “abusive.”
Survey: Digital wallets grow in popularity
Digital wallets are the fastest-growing payment method in the U.S., with nearly half of U.S. consumers (48%) saying that they...
Evaluating FedNow: Banks are still warming up to instant payments
Despite clear value in receive-only FedNow transactions, many banks are wary of the send side. To fully embrace FedNow, some...
