Incoming ABA CEO Rob Nichols discussed his plans to fight for regulatory relief, unite banks of all sizes and engage millennials in a recent interview with The Hill.
Keep banking’s pioneering spirit alive by letting industry disruptors serve as inspiration, says ABA Chairman John A. Ikard.
ABA banker Jim Reuter, EVP and COO of FirstBank in Lakewood, Colo., today briefed the Congressional Payments Technology Caucus on the rollout of EMV chip card technology. Reuter, whose bank is both a card issuer and an acquiring bank, explained that because fraud is ever-changing, EMV is just one of many technologies banks and retailers
Debit cards, cash and credit cards remain the most popular payment methods, according to recently released results from the Federal Reserve Bank of Boston’s 2013 Survey of Consumer Payment Choice.
In a video interview with the Financial Times, incoming ABA President and CEO Rob Nichols spoke about the importance of the banking industry adapting to serve and recruit millennials as customers and employees.
ABA’s international finance subsidiary BAFT yesterday announced a new initiative to drive awareness of how innovative technology is transforming cross-border payments, trade finance and other transaction banking areas.
Two in five Americans (39 percent) use a mobile device to manage their bank account at least once per month, and 23 percent do so more than 3 times a month, according to an Ipsos Public Affairs survey conducted for ABA. “Mobile banking has grown in popularity as availability and consumer awareness have increased,” said
The decision leaves only Capital One’s antitrust counterclaims to be resolved.
Customer retention and improved efficiency are key benefits banks observe.
One in seven Americans deposited a check using their smartphones in the past year, up from one in eight last year, according to an Ipsos Public Affairs survey conducted for ABA.