Coin Task Force Publishes New Resources to Address Coin Circulation Issues
With the COVID-19 pandemic disrupting the circulation of coins nationwide, the U.S. Coin Task Force—of which the American Bankers Association ...
Tag: Payments
ABA: FedNow Should Be ‘Bank-Centric,’ Interoperable
In a letter today, American Bankers Association offered several recommendations for the Federal Reserve to consider as it continues to ...
TCH: RTP Network Reaches More than Half of DDAs in the US
The Clearing House announced today that financial institutions holding 70% of demand deposit accounts now have access to real-time payments ...
CFPB Chief of Staff Tapped to Lead ABA’s Card Policy Council
ABA announced today that the Consumer Financial Protection Bureau’s Kirsten Sutton has been selected to serve as executive director of ...
Survey: Businesses Prioritize Real-Time Payments Access
In a new survey from Providence, Rhode Island-based Citizens Financial Group, business leaders said that a bank’s ability to provide ...
ABA Offers Feedback to OCC on Fostering Innovation
In an extensive comment letter to the OCC today, the American Bankers Association offered feedback on a recent advance notice ...
Financial Trades Raise Concerns About Potential OCC Payments Charter
The American Bankers Association joined several financial trade associations today in a letter to Acting Comptroller of the Currency Brian ...
Survey: Consumers Show Growing Preference for Contactless Card Payments
Of payment cardholders who are familiar with contactless payments, three out of four prefer using a contactless credit or debit ...
Fed to Hold Payments Services Fees Steady for 2021
The Federal Reserve announced today that it will maintain its current fee schedules for priced services for most payments services ...
False Dichotomy: Fraud Detection and Cardholder Relationships
Banks can benefit from fraud analytics models and machine learning—and can even deputize cardholders into proactively helping them understand where ...
