Credit Card Market Expands in Second Quarter
New credit card accounts rose 11 percent year-on-year in the second quarter of 2016 to total 84.9 million, according to...
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CFPB Clarifies ‘Flexibility’ in Third-Party Risk Management
The Consumer Financial Protection Bureau today issued an update to its guidance on risk management for third-party service providers.
IRS to Issue Guidance on Modified Loan Interest Ambiguity
The IRS has informed ABA that it will conduct a formal process to issue guidance on whether and how to...
Survey: Eight in 10 Trust Banks Most for Payment Safety
An overwhelming majority of consumers -- 82 percent -- say they trust banks most to keep their payments safe, according...
OCC Discloses Data Breach
A former OCC employee downloaded at least 10,000 encrypted files onto two thumb drives, took them off the premises and...
FHFA: GSEs Fall Short of Low-Income Housing Goals
The Federal Housing Finance Agency in its Annual Housing Report today said that both Fannie Mae and Freddie Mac failed...
BAFT SVP Named to Federal Trade Advisory Committee
Commerce Secretary Penny Pritzker today announced that Stacey Facter -- SVP for trade products at BAFT, ABA’s global transaction banking...
