Browsing: Payments

Newsbytes

ABA this week is running ads in Capitol Hill publications and on D.C.-area talk radio stations urging Congress to let the payments industry continue to develop innovative solutions to secure payments — and not mandate static technologies such as chip-and-PIN, which is fast becoming out of date.

Newsbytes

The Federal Reserve Banks and the Clearing House are exploring how to adopt the ISO 20022 payment messages for the U.S. wire transfer systems (i.e. Fedwire Funds Service and CHIPS, respectively), but the scope, means and timing of adoption have not yet been determined.

Newsbytes

The discussion about the migration to faster payments used to feel like people talking about the weather. Everyone complained about it but no one ever did anything.

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