- CBA on
- CBA Media
Deposits & Payments
Deposit growth and strategies have always been a core focus of retail banks. Today's volatile economic climate - with consumers relying less on credit products and more on deposit account services - brings deposit growth and account management to the forefront. As technology and consumer needs evolve, so does the concept of payments. With innovations such as virtual wallets and other forms of digital currency comes new and unique challenges for the payments space. CBA monitors and addresses the issues facing retail banks in the management of the deposits and payments functions.
- July 21, 2022 - 1:00PMPastJuly 19, 2022 - 2:00PMPastJuly 19, 2022Dear Speaker Pelosi and Minority Leader McCarthy: On behalf of the Consumer Bankers Association (CBA), I write in opposition to the “Postal Non-Banking Financial Services Modernization Pilot Program” included in the fiscal year 2023 Appropriations Act for Financial Services and General Government. CBA is the voice of the retail banking industry whose products and services provide access to credit...July 19, 2022The Consumer Bankers Association (CBA) today sent a letter to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy reiterating strong opposition to the “Postal Non-Banking Financial Services Modernization Pilot Program,” a proposal slated to be considered this week as part of the 2023 Appropriations Act that would threaten the safety and competitiveness of the consumer financial market...June 23, 2022 - 2:00PMPastJune 13, 2022In a new letter sent today to the House Committee on Financial Services, Consumer Bankers Association (CBA) President & CEO Richard Hunt reiterated longstanding opposition to H.R. 4277, legislation that would restrict access to overdraft for millions of hardworking families who knowingly use and value the product. In the letter , CBA also highlighted the recent bank-led overdraft innovations...May 11, 2022 - 2:00PMPastMay 5, 2022 - 2:00PMPastMay 4, 2022 - 1:00PMPastApril 13, 2022Crypto-related perceptions and products continually evolve as digital currencies gain momentum and mainstream popularity. As the market matures, questions arise about crypto’s role in the future of finance and commerce, and what the role of traditional financial institutions will be in this new era. This paper offers a data-driven exploration into the evolving landscape of crypto, drawing from an...