Survey: Only 41 Percent of Merchants EMV-Ready Cybersecurity November 13, 2015 Only 41 percent of business owners currently have the ability to accept EMV credit and debit cards, according to a...
Fed Announces Annual Indexing of Reserve Requirements Newsbytes November 13, 2015 The Federal Reserve yesterday announced the annual indexing of the low reserve tranche and the reserve requirement exemption amount for...
FASB Finalizes Lease Accounting Standard Newsbytes November 12, 2015 FASB on Wednesday also gave final approval to a new lease accounting standard that requires all operating leases to be...
FASB Sets Effective Dates for New Impairment Accounting Newsbytes November 12, 2015 Also at its Wednesday meeting, FASB agreed that its proposed Current Expected Credit Loss standard for impairment of loans and...
FASB Finalizes “Market to Market” Accounting Newsbytes November 12, 2015 After at least five years of serious debate about proposing to mark all financial assets and liabilities to market, the...
ABA Opposes CISA Section 407 Cybersecurity November 12, 2015 In a joint letter to members of Congress today, ABA and others urged House legislators to remove a section from...
CFPB Releases Report, Tool on Claiming Social Security Benefits Newsbytes November 12, 2015 Four in ten late baby boomers are reaching retirement with limited or no savings and are projected to face a...
ABA Runs Radio, Print Ads for Reg Relief Newsbytes November 12, 2015 As part of this week’s Pass Reg Relief Now efforts, ABA is running drive-time radio spots on Sirius XM’s CNBC...
ABA Endorses MortgagebotLOS for Loan Origination Mortgage November 11, 2015 ABA, through its Corporation for American Banking subsidiary, has endorsed the D+H’s mortgage loan origination system, MortgagebotLOS, an all-in-one system...
Cordray: Financial Literacy a Priority for All Age Groups Newsbytes November 11, 2015 In his remarks at the ABA Annual Convention yesterday, CFPB Director Richard Cordray encouraged banks of all sizes to continue...
