Changing Dynamics of ACH Fraud
With the introduction of same day ACH, the industry knew that increased fraud would follow. With faster transactions there is...
OCC Must Tap Breaks in Trying to Grant Charters to FinTech Lenders
An opinion piece in TheHill regarding the development of a new banking charter category for fintech organizations was penned by...
Wells Fargo Doubles Down on Mobile Card-Free ATM Access
Mobile Payments Today reported on Wells Fargo’s plans to provide the option of cardless transactions for its customers across its...
Faster Payments is Mapping a Way to ISO 20022 Standard
The UK’s Faster Payments organization has released a tool, available to all, to help to translate transactions in ISO format...
Coming In 2017: Repeat of an Epic Fight Between Banks and Retailers
Since last year when Rep. Jeb Hensarling, the chairman of the House Financial Services Committee introduced the “Choice Act 2.0,”...
Banking the “Gig Economy”
Banking Exchange published an article on the “hot” topic of the freelance or gig economy workers and implications for the...
CFPB Will Likely Issue Rule Targeting Arbitration Before Trump Takes Over, Attorney Says
Forbes reports that it is likely that the Consumer Financial Protection Bureau (CFPB) will enact a new rule that will...
Where Should Trump Start on China Trade Policy? Visa and Mastercard
Eric Grover in American Banker shares his view regarding the recent mandate from the Chinese government that banks there must...
Swipe Left on Debit Card Swipe Fees
Many in the financial services industry are cautiously optimistic that the current political environment will slow the pace of new...
Signature-Enabled Debit and Credit Cards to Be Phased out Industry-Wide
In contrast to the U.S payments market which is moving towards more frictionless card transactions and specifically PIN-less transactions, Malaysia...
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