Digital Transactions Driving Growth in Debit, Survey Shows
Debit card use and market penetration continued to grow last year, while fraud losses declined, according to Pulse’s debit issuer survey released this morning.
Browsing: Payments
Community Banker Makes Case for Joining RTP Network
As the Federal Reserve weighs whether to develop a real-time payments option, an American Banker op-ed today noted that community banks cannot afford to wait on a Fed solution to offer this technology to their customers.
ABA Supports Fed Proposal to Extend Hours to Facilitate Same-Day ACH
ABA last week submitted comments in support of the Federal Reserve’s recent proposal to modify the Federal Reserve Banks’ National Settlement Service and Fedwire Funds Service to accommodate a third same-day ACH processing and settlement window.
Fed White Paper Looks at Synthetic Identity Payments Fraud
In a white paper released yesterday, the Federal Reserve System documented the current state of synthetic identity fraud and its effects on the payments industry.
ABA Offers Feedback on Changes to CFPB Remittance Rule
In response to a recent request for information, the American Bankers Association on Friday filed two comment letters offering feedback to the CFPB on potential changes to its remittance rule.
Study: Mobile App Complexity Dings Customer Satisfaction
As bank mobile apps add new features, the increased complexity is stumping some consumers, according to new studies from J.D. Power.
A Bank in Every Device?
With the explosion in connected smart devices, bankers will see more opportunities to serve customers—and confront thornier risks—than ever before.
International Coalition Releases Guidance on Supply Chain Finance
The Global Supply Chain Finance Forum—which includes BAFT, ABA’s global transaction banking subsidiary—today released a new guidance document on receivables discounting technique.
Podcast: Bringing Real-Time Payments to Every Bank
The RTP network — the first new payment rail launched in the United States in four decades — is a bank-driven system for instant processing and settling of payments.