Summary of January 29 Federal Reserve Webcast on Improving the U.S. Payment System

Guests: Jerome H. Powell, Governor, Federal Reserve Esther L. George, President & CEO, Federal Reserve Bank of Kansas City *The information below is paraphrased, and largely summarized. [...]

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Verifone’s White Paper in Response to President’s Executive Order on EMV Readiness for Federal Sites

Click to view the PDF: Verifone’s White Paper in Response to President’s Executive Order on EMV Readiness for Federal Sites

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FDIC Changes How Examiners Suggest Account Terminations

Click to view the PDF: FDIC Changes How Examiners Suggest Account Terminations (PDF)

Financial Services Week Ahead Jan 26 -30

US House of Representatives:   House Financial Services Committee:    Tuesday, January 27, 2015 at 10:00 am in 2175 Rayburn HOB.  Hearing entitled “Sustainable Housing Finance: An [...]

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The ATM industry outlook for 2015: ‘Bigger, better, faster, more’

I was surprised (well, flabbergasted, actually) to discover recently that my father has never used an ATM. Ever. I find this incomprehensible. It’s not as though my parents scrape by in a [...]

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Maine legislator seeks to ban ATM cash withdrawals on EBT cards

Senator Eric Brakey, a member of the Maine legislature, has filed a legislative request (L.R. 699) for “A bill to prohibit the use of EBT cards for cash withdrawals” in the state, [...]

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Bankers praise Supreme Court decision to let interchange ruling stand

On Tuesday January 20, 2015, financial services industry associations welcomed the U.S. Supreme Court’s decision not to weigh in on a court of appeals ruling in NACS, the Association for [...]

Financial Services Week Ahead January 20-23

U.S. House of Representatives: House Financial Services Committee: Wednesday, January 21, 2015 at 2:00 p.m. in HVC 210 – Markup. Committee Oversight Plan for 114th Congress. Comments and [...]

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Transforming self service: ‘It’s not a short journey’

Conversations about financial services that didn’t include the words “branch transformation” were few and far between at BAI Retail Delivery in Chicago in November 12-14, 2014. [...]

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Virginia lawmakers seek to prevent CUs’ use of ATM as service facility

Members of the Virginia general assembly have submitted bills in both the house (H.B. 1629) and senate (S.B. 875) that would prohibit credit unions from designating any ATM as a “service [...]

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