Cordray Discusses Improvements in Payments System
Consumer Financial Protection Bureau Director Richard Cordray focused on payments in his remarks at a meeting with the Community Bank ...
Tag: Payments system
Keating Op-Ed: Don’t ‘Pin’ Card Safety Hopes on Static Technology
As the EMV card fraud liability shift took place on Oct. 1, ABA President and CEO Frank Keating pointed out ...
Fed Action Allows Same-Day ACH to Move Forward
As ABA had advocated, the Federal Reserve today finalized changes aligning the regional Federal Reserve Banks’ FedACH system with NACHA’s ...
Chicago Fed’s Aadland to Lead Secure Payments Strategy
The Federal Reserve today named Todd Aadland as the system’s secure payments strategy leader, responsible for leading the Fed’s efforts ...
Visa Inks $67 Million Data Breach Settlement with Target
Visa and Target have reached a $67 million settlement of claims by Visa and its card issuers related to losses ...
ABA Shares Pro-Innovation Message at Hill Event on Payment Security
At a Capitol Hill event on payment security technology yesterday, ABA SVP Bill Boger represented the financial services industry and ...
MasterCard to Boost, Accelerate Reimbursements for Reissued Cards
MasterCard has announced several changes to its Account Data Compromise program, increasing and accelerating reimbursements for costs incurred by card ...
ABA Ads Urge Payments Innovations, Not Mandates
ABA this week is running ads in Capitol Hill publications and on D.C.-area talk radio stations urging Congress to let ...
Fedwire and CHIPS to adopt ISO 20022 Message Format
The Federal Reserve Banks and the Clearing House are exploring how to adopt the ISO 20022 payment messages for the ...
Fed’s Secure Payments Task Force Includes Many ABA Members
The Federal Reserve recently released the roster of those selected for its Secure Payments Task Force, one of two stakeholder ...
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