The Federal Reserve and the Consumer Financial Protection Bureau today reopened the public comment period on the Fed’s 2011 proposal regarding funds availability under Regulation CC.

BAFT, the American Bankers Association’s global transaction banking subsidiary, announced today that Diane Reyes has been appointed the new chairman of its Transaction Banking Global Leaders group.

The number of worldwide correspondent banking relationships continues to decline, according to new figures released today by the Basel, Switzerland-based Financial Stability Board.

To continue U.S. progress toward faster payments, ABA and several other leading organizations and institutions in the payments industry today launched the Faster Payments Council.

Read on for further insights on faster payments, open banking, security and more.

Meet ABA’s 2018-19 chairman.

For payments fraud professionals, fighting fraud can seem like a marathon with a finish line that keeps moving further and further away.

Payment fraud remains rare, representing small fractions of 1 percent of the total number and the total value of payments, according to the Federal Reserve Payments Study released today.

A policy perspective.

New developments on the road to real-time payments.