Survey: Mobile Banking Offerings Outpace Consumer Adoption
Mobile banking is rapidly moving to near-universal availability, but customer uptake rates remain relatively low, according to a newly released...
Payments
Visa Inks $67 Million Data Breach Settlement with Target
Visa and Target have reached a $67 million settlement of claims by Visa and its card issuers related to losses...
Target Reaches Settlement with Visa over Data Breach
The deadline for eligible issuers to accept their alternative recovery offers is September 4, 2015.
ABA Shares Pro-Innovation Message at Hill Event on Payment Security
At a Capitol Hill event on payment security technology yesterday, ABA SVP Bill Boger represented the financial services industry and...
Fed Clarifies Basis for Debit Interchange Fees
The Federal Reserve today clarified the way it treats transaction monitoring costs when it sets the debit card interchange cap.
Court Rejects Amex Antitrust Settlement over Attorney Collusion
A conference is scheduled in the district court for October 5, 2015 to decide the next steps in the litigation.
MasterCard to Boost, Accelerate Reimbursements for Reissued Cards
MasterCard has announced several changes to its Account Data Compromise program, increasing and accelerating reimbursements for costs incurred by card...
ABA Ads Urge Payments Innovations, Not Mandates
ABA this week is running ads in Capitol Hill publications and on D.C.-area talk radio stations urging Congress to let...
Fedwire and CHIPS to adopt ISO 20022 Message Format
The Federal Reserve Banks and the Clearing House are exploring how to adopt the ISO 20022 payment messages for the...
Fed’s Secure Payments Task Force Includes Many ABA Members
The Federal Reserve recently released the roster of those selected for its Secure Payments Task Force, one of two stakeholder...
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