Banker Op-Ed: Lack of Interoperability in Real-Time Payments Could Limit Consumer Choice
As the Federal Reserve moves ahead with the creation of the FedNow real-time payments service, interoperability with existing systems will...
Payments
ABA: Fed Must Prioritize Interoperability in Development of FedNow
As the Federal Reserve develops its own faster payments system, it must focus on ensuring interoperability between the existing RTP...
CFPB: Total Credit Card Balances Reach $900B in 2018
Demand for credit cards remains relatively stable and banks are introducing new technologies like AI and chatbots into the payments...
J.D. Power: Issuers Could Improve Communication About Credit Card Benefits
A lack of understanding about credit card rewards offerings may affect consumers’ satisfaction with their issuer, according to the J.D....
Fed to Offer Its Own Faster Payments Service
In a long-awaited decision, the Federal Reserve today announced it would develop FedNow, its own 24/7/365 real-time settlement service designed...
Tap, Pay, Go
Contactless payments are here. Is your bank ready?
ABA Data Bank: As Share of Disposable Income, Credit Card Debt Holds Steady
As a share of disposable income, credit card credit outstanding (seasonally adjusted) eased 3 basis points to 5.40 percent in...
Credit Card Use Moderates in First Quarter
Credit card use moderated in the first quarter of 2019, according to the American Bankers Association’s latest Credit Card Market...
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...
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...
