Fed Publishes New Standardized Framework for Understanding Payments Fraud
The Federal Reserve today published a new framework that banks and other payment providers can use to classify and understand ...
Tag: Payments
IRS: 130M Economic Impact Payments Distributed to Americans
A total of 130 million Americans received economic impact payments totaling more than $200 billion within the first four weeks ...
ABA Supports Proposed NACHA Rule Changes
In a letter to NACHA last week, ABA offered support for several proposed changes aimed at improving and simplifying the ...
Secret Service Notice Describes Features of Legitimate Economic Impact Payment Checks
As the Treasury Department prepares to issue paper checks to economic impact payment recipients, the U.S. Secret Service released a ...
Fed: No Payments Service Disruptions Expected from Coronavirus
Federal Reserve Financial Services on Thursday issued a statement assuring its customers that it does not anticipate business disruptions as ...
ABA Foundation, FTC Release New Infographic on Money Mule Scams
A new infographic released today by the ABA Foundation and the Federal Trade Commission highlights “money mule” scams—a type of ...
TCH Raises RTP Network Transaction Limit to $100,000
The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments ...
ABA Supports Proposed Changes to Remittance Rule
In a joint comment letter with the Clearing House and the Consumer Bankers Association yesterday, the American Bankers Association and ...
Endangered Species of Banking
Learn what was said when we asked bankers and bank consultants across the country what they see for the future ...
Consumers Give Bank Mobile Apps Top Marks in Morning Consult Survey
Ninety-five percent of respondents in a recent American Bankers Association/Morning Consult survey rated their bank’s online and mobile app experience ...
