Numerous ABA Members Named to Fed Payments Task Force
The Federal Reserve recently released the roster of those selected for its Faster Payments Task Force, a group representing all...
Payments
ABA Urges Fed to Back NACHA Same-Day Payments Rule
ABA today urged the Federal Reserve to approve the recent rule change from NACHA, the electronic payments association, that would...
Boston Fed: Unbanked More Likely to Use Prepaid Cards
People without checking accounts are nearly twice as likely as those who do have checking accounts to own a general-purpose,...
AmEx Must Change Anti-Steering Rules During Appeal
A New York court blocked American Express from implementing its anti-steering rules preventing merchants from suggesting customers use a lower-cost...
ABA, Trade Groups Call for Support of Data Security Act
Retailers and other firms involved in the payments process should be subject to the same data security requirements as banks,...
ABA Report: Credit Card Use Rises as Jobs Grow in Q4
Fourth-quarter credit card spending continued rising on strong employment numbers and the strength of the super-prime credit market, according to...
Curry Calls for Level Playing Field in Payments
Regulated financial institutions bring security and stability to the payments system, Comptroller of the Currency Thomas Curry said at an...
Chicago Fed’s Werkema to Lead Payments Overhaul
The Federal Reserve on Friday named Gordon Werkema as the system’s payments strategy director, responsible for leading the Fed’s efforts...
ABA: .bank Domain Can Strengthen Payments System
The new .bank and .insurance domains coming online this year will provide an “incredible opportunity” to provide a more secure...
FCC Expected to Exempt Mobile Fraud Alerts from TCPA
Federal Communications Commission Chairman Tom Wheeler yesterday circulated a summary of his proposal to clarify the Telephone Consumer Protection Act’s...
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