ABA: Credit Card Use Expands in Third Quarter
Credit card use grew in the third quarter of 2019, according to ABA’s latest Credit Card Market Monitor released today.
Payments
Podcast: Beyond Stovepipes and Silos in Financial Crimes
For a long time, AML, cybersecurity and fraud prevention were seen as have-to-dos and cost centers, says Juan C. Zarate....
TCH Raises RTP Network Transaction Limit to $100,000
The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments...
ABA Supports Proposed Changes to Remittance Rule
In a joint comment letter with the Clearing House and the Consumer Bankers Association yesterday, the American Bankers Association and...
ABA Report: Banks Prevented More Than $22B in Fraud Attempts in 2018
The nation’s banks stopped $22.3 billion in fraudulent transactions in 2018—almost $9 out of every $10 of attempted fraud—according to...
Lessons from Apple’s Bite of the Card Business
Now that the famed Apple Card has been in the market for nearly 10 months, what can we learn from...
ABA Data Bank: ATM Cash Withdrawal Trends
As ATM withdrawals decline in number, the average transaction value has gone up.
Fed Finalizes Extended Hours to Facilitate Same-Day ACH
In a move supported by ABA, the Federal Reserve today finalized new operating hours and procedures for the National Settlement...
Fed Survey: Non-Cash Payments Total $97.04T
More than 174 billion non-cash payments—those made with debit card, credit card, ACH and checks—were made in the U.S. in...
