Payments
Fed Issues Update on Faster Payments Project
The Federal Reserve today released a status update on its “faster payments” initiative, reporting progress on five key strategies: stakeholder...
ABA Releases New Infographic on EMV Transition
To help bankers educate lawmakers, customers and the public about the growing security benefits of the switch to EMV chip...
Fed Survey: Noncash Payments Total $178 Trillion
More than 144 billion noncash payments -- those made with debit or credit cards, ACH and checks -- were made...
CFPB: Campus Credit Cards Continue Decline
Credit cards offered in conjunction with colleges, universities and affiliated organizations have continued to decline since the CARD Act was...
ISACs, Secret Service: Cyber Thieves Targeting Non-EMV-Enabled Merchants
In the wake of the decision by Visa and MasterCard to delay the EMV chip card liability shift for gas...
OCC to Grant Federal Charters to Fintech Firms
The OCC “will move forward” with plans to provide special-purpose national bank charters to financial technology firms, Comptroller of the...
Fed Forms Fintech Working Group
As fintech continues to grow and mature and the OCC takes steps toward launching a fintech bank charter, the Federal...
Visa, MasterCard Delay Gas Pump EMV Liability Shift to 2020
Visa and MasterCard yesterday pushed back the date when liability for fraudulent transactions at gas pumps shifts to the party...
