Browsing: ABA news

Newsbytes

ABA announced today that the Consumer Financial Protection Bureau’s Kirsten Sutton has been selected to serve as executive director of its Card Policy Council, the leading voice on legislative, regulatory and communications issues facing credit card issuers and payment card networks.

Economy

Consumer credit delinquencies rose in all 11 closed-end loan categories in the first quarter of 2020 as the coronavirus pandemic and subsequent economic slowdown began in the U.S., according to the American Bankers Association’s Consumer Credit Delinquency Bulletin released today.

Compliance and Risk

Speaking at the ABA Risk and Compliance Virtual Conference this morning, ABA President and CEO Rob Nichols praised the industry’s response to the coronavirus pandemic and emphasized that bankers must respond with equal passion and determination to address longstanding racial inequities.

Newsbytes

The American Bankers Association nominating committee—chaired by Jeff Szyperski, chairman, president and CEO, Chesapeake Bank, Kilmarnock, Virginia—has selected a slate of candidates for association officer positions.

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