ABA: Reg Burden Key to Correspondent Banking Declines
ABA in a comment letter yesterday to the Bank for International Settlements voiced its support for three of the four...
Payments
ABA Files Brief Challenging FCC Interpretations
ABA filed a friend of the court brief yesterday in an appeal of the Federal Communications Commission’s recent order regarding...
Target Settles Bankers’ Data Breach Claims
According to documents filed today, Target has agreed to pay approximately $39.4 million to settle claims by card issuers over...
ABA Report: Access to Credit Cards Expands in Q2
New credit card accounts rose 16 percent year-on-year in the second quarter to total 318 million, according to the latest...
Farm Credit System on Hill Agenda This Week
After long and patient advocacy by ABA and the state bankers associations, the House Agriculture Committee will hold an oversight...
Weekly Infobyte: Many Small Businesses Not Planning for EMV Transition
During this holiday season, nearly one-quarter of small businesses that accept card payments have no plans to implement EMV-enabled terminals.
For Holiday Shopping, ABA Educates Consumers on Chip Cards
To help consumers make the most of new chip cards during the holiday shopping season and understand their security benefits,...
N.Y. AG: Daily Fantasy Sports Violate State Law; FanDuel and DraftKings Fight Back
On November 17th, New York State Attorney General Eric Schneiderman filed an enforcement action in New York State Supreme Court...
FTC Bans Remotely Created Checks, Payment Orders by Telemarketers
The Federal Trade Commission announced on Wednesday that it will amend its Telemarketing Sales Rule to address new forms of...
