Fed’s Powell: Payment Security Requires ‘Coordinated Efforts’
All participants in the payments system must work together to ensure that payment innovation advances safely, Federal Reserve Governor Jerome ...
Tag: Payments system
Numerous ABA Members Named to Fed Payments Task Force
The Federal Reserve recently released the roster of those selected for its Faster Payments Task Force, a group representing all ...
ABA Urges Fed to Back NACHA Same-Day Payments Rule
ABA today urged the Federal Reserve to approve the recent rule change from NACHA, the electronic payments association, that would ...
ABA, Trade Groups Call for Support of Data Security Act
Retailers and other firms involved in the payments process should be subject to the same data security requirements as banks, ...
Curry Calls for Level Playing Field in Payments
Regulated financial institutions bring security and stability to the payments system, Comptroller of the Currency Thomas Curry said at an ...
Chicago Fed’s Werkema to Lead Payments Overhaul
The Federal Reserve on Friday named Gordon Werkema as the system’s payments strategy director, responsible for leading the Fed’s efforts ...
ABA: .bank Domain Can Strengthen Payments System
The new .bank and .insurance domains coming online this year will provide an “incredible opportunity” to provide a more secure ...
Fed Seeks Comments on NACHA Same-Day Payments Rule
The Federal Reserve today requested comments on changes that the regional Federal Reserve Banks would make in connection to NACHA’s ...
NACHA Finalizes Same-Day ACH Settlement
NACHA, the electronic payments association, today announced that its members voted to finalize a rule change that will accelerate ACH ...
Visa to Boost, Tier Reimbursements for Reissued Cards
ABA played a lead role in securing higher post-data breach reimbursement levels for banks of banks of all sizes.
