- 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.
- May 15, 2018 - 2:00PMPastMay 9, 2018May 9, 2018 Mr. Kenneth A. Blanco, Director Financial Crimes Enforcement Network P.O. Box 39 Vienna, VA 22183 Re: Compliance for Customer Due Diligence Rule Dear Director Blanco, The Consumer Bankers Association (CBA)  fully supports efforts by the Financial Crimes Enforcement Network (FinCEN) to crack down on illegal activities through its final customer due diligence rule (CDD rule). While...May 2, 2018 - 2:00PMPastApril 24, 2018 - 2:00PMPastApril 11, 2018 - 2:00PMPastApril 10, 2018 - 1:00PMPastMarch 6, 2018 - 2:00PMPastMarch 1, 2018 - 2:00PMPastFebruary 24, 2018Is alternative credit data the missing link between underestimated consumers and access to credit? Consumers with poor traditional credit scores can often be misclassified as marginal or subprime, and many consumers who lack an established credit history are considered ‘unscorable’. By providing the additional insight needed to more predictively evaluate the risk of these consumers, alternative...February 22, 2018Consumers are completing more complicated tasks online with each passing year. From travel to taxes, people are increasingly comfortable using technology to search for the best deal, provide reams of personal information and make their individual preferences known. But banks are woefully behind other industries in that online shift even as fewer customers visit the local branch. Consumers only...