Task Force Report Points to Real-Time Payments by 2020
The Federal Reserve’s Faster Payments Task Force yesterday released its long-awaited recommendations for accelerating real-time payments in the United States...
Newsbytes
Lawmakers Introduce ABA-Backed Legislation to Undo Arbitration Rule
Members of the House and Senate today introduced legislation that would block the Consumer Financial Protection Bureau’s controversial arbitration final...
Idaho Banker: High Time for GSE Reform
Testifying before the Senate Banking Committee today on behalf of ABA, banker Brenda Hughes called for Congress to move ahead...
ABA Files Reply in Field of Membership Case
ABA filed a combined brief yesterday opposing NCUA’s cross-motion for summary judgment and reinforcing the association’s own motion for summary...
BAFT to Offer New Payment Certification
BAFT -- ABA’s global transaction banking subsidiary -- announced a new partnership with the London Institute for Banking and Finance...
OCC’s Noreika Embraces Fintech Charter
In a long-awaited speech today, Acting Comptroller of the Currency Keith Noreika embraced the OCC’s plans to issue special purpose...
Survey: Americans Overwhelmingly Support Having Banks of All Sizes
Americans overwhelmingly believe that our economy needs banks of all sizes, and a majority is concerned about the falling number...
Regulators Issue Proposal to Increase Mandatory CRE Appraisal Thresholds
The federal regulatory agencies issued a proposal to increase the threshold for required appraisals for commercial real estate transactions from...
Fed Seeks Comments on Proposed Reporting Changes for BHCs
The Federal Reserve is seeking comments on a proposal to revise the FR-Y9 report that bank holding companies with more...
