Payments
Fed Seeks Comments on NACHA Same-Day Payments Rule
The Federal Reserve today requested comments on changes that the regional Federal Reserve Banks would make in connection to NACHA’s...
MasterCard Settlement Not Accepted
MasterCard today said that not enough MasterCard-issuing banks accepted the proposed $19 million settlement with Target by the May 20...
ABA Finds Limited Credit Availability, Higher Credit Costs Since CARD Act
Surface benefits for consumers from the 2009 Credit CARD Act have been offset by significant negative effects, ABA told the...
NACHA Finalizes Same-Day ACH Settlement
NACHA, the electronic payments association, today announced that its members voted to finalize a rule change that will accelerate ACH...
MasterCard Settlement Acceptance Deadline is Wednesday
The deadline for MasterCard-issuing banks to determine whether they will accept the network’s $19 million settlement with Target related to...
ABA, Groups Emphasize ‘Shared Responsibility’ for Protecting Customers
ABA and several other trade groups submitted a statement for the record of today’s House Financial Services Committee hearing on...
Visa to Boost, Tier Reimbursements for Reissued Cards
ABA played a lead role in securing higher post-data breach reimbursement levels for banks of banks of all sizes.
Chase Survey Finds More Education Needed on Chip Cards
Nearly two-thirds of consumers have not heard of chip card technology -- also known as EMV -- even though 80...
Update on the Fed’s Faster Payments Task Force
The Federal Reserve’s faster payments initiative is moving forward, and milestones have been established for the Faster Payments Task Force.
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