Preparing for Your Institution's Transition to EMV
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The adoption of two major and closely related payment technologies, near field communication and EMV (Europay, MasterCard, Visa) is gaining momentum among U.S.-based card issuers and merchants. While there is some debate about the immediate financial benefits of these technologies, there is no debating that they are rapidly changing the entire payments landscape and have the potential to significantly reduce fraud. Read more>>
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KC Fed Research: Has The Effect of Policy Announcements on Asset Prices Changed?
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The use of forward guidance as a policy tool has raised questions about changes in how it influences the economy. Authors Doh and Connolly find that the response of stock prices and bond yields to forward guidance recently has weakened. Read more>> |
CFPB Puts Companies on Notice About Duty to Investigate Consumer Credit Report Disputes
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The CFPB released a bulletin stressing that, under the law, these companies, called furnishers, are responsible for investigating consumer disputes forwarded by the consumer reporting companies. Read more>>
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