Author Archives: Monica C. Meinert

ABA Files Reply in Field of Membership Case

ABA filed a combined brief yesterday opposing NCUA’s cross-motion for summary judgment and reinforcing the association’s own motion for summary judgment in the lawsuit challenging NCUA’s final rule expanding credit union fields of membership.

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BAFT to Offer New Payment Certification

BAFT -- ABA’s global transaction banking subsidiary -- announced a new partnership with the London Institute for Banking and Finance to introduce CertPAY, an internationally recognized payment certification.

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N.Y. Fed Sees Rise in Credit Rejection Rates

Individuals who have applied for credit reported higher rejection rates in June than they reported in February, according to the Federal Reserve Bank of New York's latest Credit Access Survey released today, which gauges consumers' experiences and expectations regarding credit over the previous year.

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