BAFT releases report on best practices, guidance for ISO 20022 migration
Report provides insights, strategies and recommendations for financial institutions navigating the migration to the ISO 20022 standard for electronic data...
Payments
A place for regional banks: How BOK Financial finds and fills local needs
As president and CEO of $50 billion-plus BOK Financial, Stacy Kymes spends time thinking about the role of regional banks...
OCC weighs in against Illinois interchange law in rare amicus brief
The OCC submitted an amicus brief supporting ABA, the Illinois Bankers Association and others’ request for a preliminary injunction against...
Cost of funds shoots to top of community bankers’ concerns in 2024
Amid persistent inflation and core deposit competition, community bankers expand their pools of funding sources, according to the Conference of...
CFPB proposes changes to remittance disclosures
The CFPB proposed a “narrowly tailored” rule to amend disclosure requirements for certain international money transfers, or remittances.
CFPB releases FAQ on regulation of buy now, pay later products
The CFPB released an FAQ about applying Truth in Lending regulation to buy now, pay later products, such as how...
CFPB: Banks need proof of customer consent for ATM, debit card overdraft fees
Banks and credit unions can be held legally liable if there is no proof that they obtained affirmative consent from...
Survey: U.S. consumers have concerns about lowering debit card interchange fees
Most U.S. consumers with an opinion on debit card interchange fees agree the fees are necessary for fraud prevention efforts,...
Podcast: More tools to tackle check fraud
Fraud is front and center for America's banks. Paul Benda and Peter Cook discuss several recent initiatives taken by ABA...
New Nacha Rules and Tools Aim to Enhance Fraud Funds Recovery
SPONSORED CONTENT PRESENTED BY NACHA Fraud prevention and funds recovery are critical priorities for all financial institutions. The latest Nacha...
