Financial innovation is happening worldwide. Here are some of the top developments to watch.

BAFT -- ABA’s global transaction banking subsidiary -- yesterday recognized the 32 members of its Future Leaders program class of 2019. This year’s class includes bankers from 14 different countries, representing a wide variety of disciplines within the transaction banking industry.

Noncash payments in the U.S. continued to see strong growth in the period between 2016 and 2017, according to an annual supplement to the Federal Reserve’s triennial payments study released today.

Lagging loyalty puts financial institutions at risk of falling behind.

Banks of all sizes are exploring the possibilities of unique digital branding.

In a comment letter to the Federal Reserve today, ABA offered feedback on potential Fed actions to accelerate interbank settlement of faster payments, including the idea of the Fed banks developing a 24/7/365 real-time settlement service and a liquidity management tool to support this service.

In an era of frequent data breaches and growing concern over technology companies’ use of consumer data, nearly three-quarters of Americans said they are more concerned about their data privacy than they were a year before, according to a survey conducted by software company SAS.

How to blend the basics of fighting fraud with new tactics, capabilities and processes to keep pace with digital payments.

Marriott today revealed a massive breach of personal information -- possibly including payment card data -- for up to 500 million guests who made reservations at hotels in the Starwood chain, which Marriott acquired in 2016.

To enable banks to issue credit cards with their own logo to commercial and retail customers, ABA has endorsed a new agent credit card program offered by ServisFirst Bank.