As the push for faster payments in the U.S. intensifies, and as a variety of businesses enter the payments space, banks continue to have a “key role” in facilitating payment innovations, Federal Reserve Governor Jerome Powell said in a New York speech yesterday.

Bank leaders are constantly on the lookout for ways to increase their non-interest income, and one option is to switch debit card programs.

The Federal Reserve today announced the members of its Governance Framework Formation Team, an initiative created by the Faster Payments Task Force and outlined in the task force’s final report, which was released earlier this year.

Insights from a Fed/CSBS survey of the community bank scene.

A majority of consumers across all age groups trust banks the most to keep their payments safe than alternative payment providers, retailers and telecommunications companies, according to a recent ABA/Morning Consult poll.

Delinquencies in closed-end loans held steady in the second quarter of 2017 while bank card delinquencies fell and home-related categories continued their decline toward normal levels, according to the ABA Consumer Credit Delinquency Bulletin released today.

Cash, debit cards and prepaid cards all increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2015 Survey of Consumer Payment Choice released today.

Eighty-seven percent of U.S. mobile banking users say their bank’s mobile app is “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult for ABA.

As the Department of Education conducts the regulatory review mandated by President Trump, ABA and the Consumer Bankers Association yesterday urged the department to revisit the overly expansive final rule targeting campus bank accounts that the Obama administration finalized in October 2015.