CFPB: Campus Credit Cards Continue Decline
Credit cards offered in conjunction with colleges, universities and affiliated organizations have continued to decline since the CARD Act was...
Payments
ISACs, Secret Service: Cyber Thieves Targeting Non-EMV-Enabled Merchants
In the wake of the decision by Visa and MasterCard to delay the EMV chip card liability shift for gas...
OCC to Grant Federal Charters to Fintech Firms
The OCC “will move forward” with plans to provide special-purpose national bank charters to financial technology firms, Comptroller of the...
Fed Forms Fintech Working Group
As fintech continues to grow and mature and the OCC takes steps toward launching a fintech bank charter, the Federal...
Visa, MasterCard Delay Gas Pump EMV Liability Shift to 2020
Visa and MasterCard yesterday pushed back the date when liability for fraudulent transactions at gas pumps shifts to the party...
Fed: Debit Fraud Costs Jump 44 Percent in Two Years
Debit card-related fraud losses to merchants, cardholders and issuers rose from 2013 by 44 percent, reaching $2.41 billion in 2015,...
Fintech, Customer Experience Key Concerns for Fed Advisory Council
Members of the Federal Reserve’s Community Depository Institutions Advisory Council -- which includes several ABA member bank CEOs -- raised...
Study Finds Strong Linkage between Income, Banking Status
Income is a significant factor in determining whether or not consumers use traditional banking and payment services, according to a...
Fed Q&A Interprets Durbin Amendment Routing on EMV
Under the Durbin Amendment, card networks cannot require merchants to allow debit cardholders to choose EMV chip application when one...
