ACH Network handled more than eight billion payments in Q1

A longtime leader in the fight against fraud describes one effective addition to the banking industry’s commitment to innovation: partnership.

A federal appeals court should uphold a district court ruling and reject a retailer lawsuit seeking to overturn how the Federal Reserve calculates debit card interchange fees, as a decision in favor of retailers would result in substantial...

ABA expressed support for the FCC’s proposals to strengthen its numbering policies — which govern how phone numbers are distributed and sold — to combat criminals who place illegal calls that impersonate banks and other legitimate businesses.

ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other federal agencies to ensure a fair and competitive regulatory landscape for payment stablecoin issuers.

The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees, much like the OCC recently did for national banks.

Creditors may be legally obligated to check a consumer's immigration status for mortgage loans and credit cards, especially where removal from the U.S. may disrupt the consumer's income, the CFPB said.