Approaches to Payments

The financial institutions that prioritize data maturity and market awareness will be positioned for profitability in any economic climate.

Credit and debit card payments continued to grow in 2022, reaching 153.3 billion transactions and $9.76 trillion in value, according to Federal Reserve data, which also showed strong growth in mobile wallet payments.

As part of its anti-fraud policy agenda, ABA last week continued to push the Federal Communications Commission to issue new rules to help stem the flow of illegal texts and calls to consumers.

Millennials, women will be key economic drivers.

More than one in four bank customers have experienced fraudulent activity on their accounts in the past 12 months, according to a new survey on U.S. financial protection satisfaction.

“I drive what I do at the bank by focusing on creating great leaders."