CFPB Seeks Feedback on Remittance Rule Changes
The Consumer Financial Protection Bureau has issued a request for information seeking input on potential changes to its remittance rule,...
Payments
The Cachet of Cash?
Cash and coin remain resilient amid the digital payments revolution.
How to Help Customers Save Up for Their Well-Being
Like it or not, medical banking is here and growing where other features of banking are simply stagnant.
How Remote Deposit Capture Produces Productive Data for Customers
A community bank turns a business convenience into a source of data that deepens the commercial customer relationship.
ABA, Groups to CFPB: Continue Allowing for Estimates in Remittance Disclosures
ABA, its transaction banking subsidiary BAFT and other industry trade associations today urged the Consumer Financial Protection Bureau to continue...
RTP Network’s Principles Informed by Community Bank Feedback
The Clearing House today released a set of eight “business principles” that will govern the operation of its RTP network,...
Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline
Smaller debit card issuers—those covered by the Durbin amendment’s routing provision but not its interchange fee cap—continued to see a...
ABA Emphasizes Banks’ Commitment to Consumer Privacy
Responding to a request for feedback on consumer privacy legislation from Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking...
BAFT Releases Playbook for Correspondent Banking Users
As part of its efforts to address the significant decline in global correspondent banking relationships since 2011, BAFT today released...
J.D. Power: Banks Outperform Nonbanks in Small Biz Merchant Services Satisfaction
In a study evaluating small businesses’ satisfaction with merchant services providers, J.D. Power found that banks outperformed nonbank fintech firms...
