BIS payments committee publishes steps for ISO 20022 adoption
ISO 20022 is an international standard for electronic data exchange between financial institutions.
Payments
ABA: Public should be skeptical of CFPB lawsuit against Zelle
Americans should be deeply skeptical of a CFPB lawsuit against the operator of Zelle and participating banks in the final...
ABA, state bankers associations blast lack of bank representation at credit card hearing
ABA and 52 state bankers associations criticized the leaders of the Senate Judiciary Committee for failing to include any representatives...
CFPB issues legal warning about credit card rewards, releases comparison-shopping tool
The CFPB issued a legal warning about credit card rewards, published a new study on retail credit cards and unveiled...
ABA urges Nacha to reject proposed changes to ACH network
ABA is urging Nacha to reject proposals to create a fourth same-day Automated Clearing House window and to accelerate funds...
ABA analysis: Most commenters oppose Fed’s changes to debit card regulations
Nearly 80% of commenters on the Federal Reserve’s proposed rule to lower the cap on debit card interchange fees oppose...
Kansas City Fed: Consumer credit cards show few signs of financial stress
Consumer credit card delinquency rates for prime borrowers have not risen in the past two years despite higher interest rates...
Time and communication are crucial in spotting fraudulent transactions
Understanding what to look for is one step toward thwarting potential criminal activity.
CFPB seeks comment on use of credit reporting in domestic violence, elder abuse
The CFPB is seeking public input in advance of a proposed rule to extend the Fair Credit Reporting Act’s identity...
Texas court denies CFPB request to transfer credit card late fee lawsuit to D.C.
A federal judge in Texas refused a CFPB request to lift a preliminary injunction blocking the bureau’s credit card late...
