OCC: Underwriting Standards Ease, Credit Risk Grows
Credit risk for both retail and commercial loan products has increased over the past three years as and is expected ...
Tag: Credit cards
ABA Op-Ed on EMV: ‘It’s the Chip That Matters’
The chip is key to the security of new EMV cards, ABA SVP Jess Sharp said in an American Banker ...
CFPB: CARD Act Followed by Increase in Credit Availability
Credit availability has increased by 10 percent and total cost of credit has decreased by 2 percent since the implementation ...
Target Settles Bankers’ Data Breach Claims
According to documents filed today, Target has agreed to pay approximately $39.4 million to settle claims by card issuers over ...
ABA Report: Access to Credit Cards Expands in Q2
New credit card accounts rose 16 percent year-on-year in the second quarter to total 318 million, according to the latest ...
For Holiday Shopping, ABA Educates Consumers on Chip Cards
To help consumers make the most of new chip cards during the holiday shopping season and understand their security benefits, ...
Survey: Only 41 Percent of Merchants EMV-Ready
Only 41 percent of business owners currently have the ability to accept EMV credit and debit cards, according to a ...
OCC Updates Guidance on Credit Cards
The OCC yesterday updated its Comptroller’s Handbook guidance on credit card lending.
Fed Survey: Economic Outlook Triggers Business Credit Tightening
Citing the economic outlook, bankers are showing signs of tightening credit for business loans while they continued to ease credit ...
ABA Compliance Center Inbox, November/December 2015
A HELOC for an executive officer and other sticky compliance situations.
