A small group of state attorneys general sent a letter to the executives of major card companies on Monday urging them to implement chip-and-PIN technology in credit and debit cards, arguing that it would offer greater protection from fraud. However, the letter — signed by nine AGs — acknowledges that a PIN-based system could not
For those who use mobile payments, PayPal and Apple Pay are top choices.
At ABA’s Annual Convention yesterday, incoming ABA President and CEO Rob Nichols unveiled ABA’s new grassroots text alerts, which allow ABA members to get updates and action opportunities on regulatory relief directly on their mobile phones.
ABA, through its Corporation for American Banking subsidiary, has endorsed BizEquity’s Banker Office, a business valuation platform and performance service.
Despite sluggish adoption of the technology, it is increasingly necessary to ward off competitors, get ahead of regulators and engage customers.
The Federal Financial Institutions Examination Council today alerted financial institutions about the increasing frequency and severity of cyberattacks involving extortion.
The Federal Financial Institutions Examination Council today alerted financial institutions about the increasing frequency and severity of cyberattacks involving extortion.
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