Browsing: Payments

Compliance and Risk ABA Emphasizes Banks’ Commitment to Consumer Privacy

Responding to a request for feedback on consumer privacy legislation from Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio), ABA today emphasized banks’ strong privacy and data security framework under the Gramm-Leach-Bliley Act and called for Congress to take an approach that ensures consistent privacy protections while promoting marketplace efficiency.

Compliance and Risk

As part of its efforts to address the significant decline in global correspondent banking relationships since 2011, BAFT today released a “Respondent’s Playbook” that provides guidance on how to establish new correspondent relationships, review existing ones and increase the likelihood of a favorable outcome.

Payments The Leadership Track

FirstBank CEO and ABA Government Relations Council Chairman Jim Reuter talks about blazing a trail.

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