ABA, trade groups call for extension on Reg II changes
ABA joined four other financial trade associations in a letter to the Federal Reserve last week seeking an extension for...
Payments
ABA Data Bank: Banks report lower demand for loans
On balance, banks reported that loan demand decreased and underwriting standards tightened over the last three months of 2022, according...
Biden repeats misleading message about bank fees in State of the Union
In his State of the Union address tonight, President Biden highlighted his administration’s proposals to place price controls on consumer...
Inflation drives business dissatisfaction with merchant services
Inflation is driving down small business satisfaction with payment processing solutions, according to a new survey on merchant services satisfaction...
‘My hobby is banking’
Meet Saleem Iqbal, ABA’s Community Bankers Council chair.
Early Warning Services CEO added to CCB speaker lineup
ABA President and CEO Rob Nichols will moderate a lunchtime conversation with Al Ko, CEO of Early Warning Services—the owner...
ABA-opposed credit card routing bill again left out of spending measure
Retailer-backed legislation creating new credit card routing mandates was left out of a bipartisan omnibus spending bill after a sustained...
NYDFS to require prior notification for banks engaging in crypto activities
The New York Department of Financial Services today issued guidance—effective today—for New York-regulated banks reminding them of their obligations to...
ABA launches ad campaign opposing Durbin expansion bills
ABA launched a major TV, radio and digital advertisement campaign calling out the negative implications that the Credit Card Competition...
Fed makes changes to payments system risk policy
The Federal Reserve today adopted changes to its payments system risk policy that would expand access to collateralized intraday credit...
