RTP Network expands request for payment availability
Broker dealers, billers and suppliers using the RTP Network can now request a payment from their customers through secure bank...
Payments
ACH Network reports significant growth in same-day payments in 2023
The ACH Network saw significant growth in same-day ACH payments in the first half of 2023, according to figures released...
ABA, associations: Regulate stablecoins like banks, credit unions
State-licensed payment stablecoin issuers should be subject to at least the same form of supervision from a federal regulator as...
Federal Reserve launches FedNow service
The Federal Reserve today officially launched its FedNow service for instant payments. Banks of all sizes can sign up and...
ABA provides feedback on Nacha risk management inquiry
ABA offered feedback on a recent request by Nacha for comment on four risk management topics that could inform future...
Survey: Bank customers see BNPL as ‘helpful’
Roughly four in five bank customers say they are aware of buy-now-pay-later services, with a third saying they have used...
Fed certifies first round of FedNow adopters
The Federal Reserve announced that 57 early adopter organizations have completed formal testing and certification in advance of FedNow’s launch...
CFPB urges payment app providers to fight servicemember fraud
Payment app providers could take several steps to better protect servicemembers and their families from fraud, including new investments in...
BIS calls for ‘unified ledger’ for CBDCs
The Bank for International Settlements released a special chapter of its upcoming Annual Economic Report 2023 that lays out a...
Bankers associations urge Congress to reject credit card routing bill
A proposed bill to impose network routing requirements on banks that issue credit cards is anti-consumer, anti-competitive and will harm...
