OCC publishes bank guidance for BNPL lending
The guidance focuses on the risk management of buy-now-pay-later loans, which are payable in four or fewer installments and carry...
Payments
Zelle, Vox Media launch anti-scam public education campaign
Payments provider Zelle and Vox Media announced the launch of a new media campaign designed to educate U.S. consumers about...
Hearing from corporate America’s ‘middle’ child
Middle market businesses don’t get all the love or the press, but they are critically important nonetheless. Here’s the outlook...
Fed announces 2024 pricing for payment services
The Federal Reserve announced new pricing for the payment services that Fed banks provide to depository institutions, such as the...
CFPB proposes to supervise nonbank payment providers
The CFPB has taken steps to regulate large nonbank firms that provide digital payments services, including P2P payments, mobile wallets,...
Banking at the intersection of mission and opportunity
Julieann Thurlow, ABA’s 2023-24 chair, unites financial inclusion and financial innovation.
Chopra: CFPB data privacy rule coming later this month
The CFPB plans later this month to release its long-awaited rulemaking to implement Section 1033 of the Dodd-Frank Act, concerning...
Podcast: Why corporate clients are pushing for more instant payment capabilities
Corporate CFOs and finance leaders are "best leading indicators." says Stephen Philipson, head of global markets and specialized finance at...
Fed: More than 100 institutions using FedNow
A total of 108 institutions are now using the FedNow service, the Federal Reserve said.
Podcast: Credit card rewards are for all people
With the availability of credit card rewards at stake under the Durbin-Marshall credit card bill, bill sponsor Sen. Roger Marshall...
