BAFT Launches Financial Technology, Innovation Initiative
ABA’s international finance subsidiary BAFT yesterday announced a new initiative to drive awareness of how innovative technology is transforming cross-border...
Payments
State Bank Regulators Finalize Model Regs on Virtual Currency
The Conference of State Bank Supervisors yesterday finalized its new framework for model state-level regulation of virtual currencies such as...
Judge Grants Class Action Status to Issuers in Target Suit
A federal court in Minnesota yesterday granted class action status to a lawsuit by financial institutions against Target over the...
ABA Infographic, Ad Educate Customers on EMV Transition
With the liability shift for EMV card technology coming up on Oct. 1 and many customers receiving chip-enabled cards in...
Banks Win Class Certification in Target Data Breach Litigation
The court also named Zimmerman Reed and Chestnut Cambronne as class counsel and Umpqua Bank, Mutual Bank, Village Bank, CSE...
Hensarling Challenges Campus Banking Proposal
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) yesterday wrote to the Department of Education challenging its proposed rule that...
Chicago Fed’s Aadland to Lead Secure Payments Strategy
The Federal Reserve today named Todd Aadland as the system’s secure payments strategy leader, responsible for leading the Fed’s efforts...
ABA Report Sees Americans Opening New Credit Card Accounts
New credit card accounts rose 14 percent year-on-year in the first quarter, with total accounts reaching their highest level since...
Weekly Infobyte: What Benefits Do Banks See from Mobile Banking?
Customer retention and improved efficiency are key benefits banks observe.
Survey: Mobile Banking Offerings Outpace Consumer Adoption
Mobile banking is rapidly moving to near-universal availability, but customer uptake rates remain relatively low, according to a newly released...
