Institutions of all sizes play a vital role in the financial ecosystem and depend on each other to meet the needs of customers across America, J.P. Morgan Chase Chairman and CEO Jamie Dimon said in an op-ed in the Wall Street Journal today.
Browsing: ABA leadership
The Federal Reserve announced today that it has selected McKinsey & Company to support its Faster Payments Task Force by assessing proposals for comprehensive faster payments solutions from providers across the industry.
Sens. Heidi Heitkamp (D-N.D.) and Jerry Moran (R-Kan.) today introduced ABA-advocated legislation that would allow institutions chartered under the Home Owners Loan Act to elect to operate more like national banks without having to change their charters.
ABA’s Card Policy Council today called on all consumer-facing industries to implement the latest payment protection technologies and data safeguarding practices, including activating chip card readers and accepting payments from secure mobile wallets.
Paul Willson, a bow-tie-wearing, fourth-generation community banker, leads ABA’s Government Relations Council.
In an op-ed in The Hill today, ABA’s Kevin McKechnie voiced his support for proposed legislation that would exempt employee contributions to HSAs from the Affordable Care Act’s excise (or “Cadillac”) tax.
In a joint op-ed with several trade group CEOs today, ABA President and CEO Rob Nichols voiced his opposition to the Department of Labor’s proposal to redefine who counts as a fiduciary under the Employee Retirement Income Security Act.
BAFT, ABA’s international finance subsidiary, announced today that it has hired Samantha Pelosi as its new SVP for payments and emerging technology and John Collins as its VP for international policy.
In a letter to the Financial Accounting Standards Board today, ABA President and CEO Rob Nichols called for more clarity on the proposed Current Expected Credit Loss accounting standard, highlighting several key concerns that must be addressed before the standard can take effect.