ABA, Trade Groups Urge Fixes to CFPB Remittance Rule
As part of the Consumer Financial Protection Bureau’s ongoing feedback initiative, ABA and its transaction banking subsidiary BAFT, joined by ...
Tag: Payments system
Podcast: U.S. Bank’s ‘Test and Learn’ Approach to Fintech Innovation
As the leader of a 32-person R&D team helping U.S. Bank's business lines implement new technology and scout out the ...
Visa: Counterfeit Fraud Drops 76 Percent at Chip-Enabled Merchants
Retailers that have completed their EMV chip card technology upgrades have seen counterfeit fraud drop 76 percent from the end ...
Trades Support Fed Proposal to Harmonize Reg J, Reg CC
ABA earlier this week joined three other financial trade groups in offering support for a Federal Reserve proposal to harmonize ...
BIS Outlines Strategy for Improving Risk Management in Wholesale Payments
As fraud in the wholesale payments system becomes more complex and prevalent, the Basel, Switzerland-based Bank for International Settlement’s Committee ...
New ABA White Paper Provides Info, Answers Questions on Payment App Zelle
As part of its efforts to help bankers better understand and employ financial technology, ABA has published a new white ...
Podcast: Jeff Plagge on Zelle, RTP and Implementing New Tech at Community Banks
On the latest episode of the ABA Banking Journal Podcast, Jeff Plagge -- president and CEO of Northwest Financial Corp. ...
ABA Outlines Principles for Federal Data Protection, Breach Notification Standards
In a statement for the record of a House Financial Services subcommittee hearing on data security today, ABA outlined several ...
FTC Proposes Settlement over Venmo Disclosures, Claims of ‘Bank-Grade’ Security
The Federal Trade Commission yesterday proposed a settlement with Paypal over inadequate disclosures of whether funds transferred with its Venmo ...
Visa: Retailers See Decline in Counterfeit Fraud as EMV Migration Continues
As retailers nationwide continue to transition to chip card technology, those who have completed their upgrades have noticed a significant ...
