Tag Archives: ABA leadership

ABA’s Sharp: Consumers Deserve Safest Payment Systems

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.

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Op-Ed: Congress Must Stand Up to Fiduciary Proposal

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.

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Nichols: More Clarity Needed on CECL Standard

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.

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