Podcast: How a CBDC would ‘fundamentally rewire our economy’
In a special bonus episode of the ABA Banking Journal Podcast, ABA's Rob Morgan digs into the association's comments on...
Payments
ABA: No compelling case exists for U.S. CBDC
The creation of a central bank digital currency “should only be pursued as a final option to meet clearly defined...
Study: Fraud attempts rise 41% in 2021
Fraud attempts shot up 41% year-over-year in 2021, according to a new survey released by NICE Actimize.
Fed finalizes Reg J amendments governing FedNow service
The Federal Reserve issued a final rule designed to help the agency implement the instant FedNow payments service, scheduled to...
ACH Network shows strong Q1 growth
B2B payments increased by 15.5% from Q1 2021, with more than 1.4 billion ACH B2B payments made. It's also a...
Senate hearing rekindles debate over Durbin amendment
At a Senate Judiciary Committee hearing, banking, credit card industry representatives and some lawmakers pushed back against proposals to expand interchange...
Financial industry groups unite to oppose flawed interchange regulations
Ahead of a hearing in the Senate Judiciary Committee on credit and debit card interchange fees, ABA joined with a...
NACHA releases guide addressing contractual considerations of voice payments
The reference guide, created by NACHA’s Payments Innovation Alliance, provides background on the importance of terms and conditions when offering...
ABA to policymakers: Don’t undermine private-sector payments innovation
In a statement for the record of a House Financial Services Committee task force hearing, ABA urged lawmakers to “remain vigilant and deliberate”...
ABA Foundation announces Lights, Camera, Save! video contest winners
Ohio student Brodie Bosworth won the first-place grand prize of $5,000 in the ABA Foundation’s Lights, Camera, Save! video contest,...
