July 14 – The Office of the Comptroller of the Currency will host two workshops in Syracuse, N.Y., at the Sheraton Syracuse University Hotel, Aug. 5-6, for directors of national community banks and federal savings associations.
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July 2 – By the end of 2015, 70% of U.S. credit cards and 41% of U.S. debit cards will be EMV enabled, says Aite Group.
June 20 – By October 2015, 70 percent of U.S. credit cards and 41 percent of U.S. debit cards will be EMV enabled, says Aite Group. Aite Group’s new research report, EMV: Lessons Learned and the U.S. Outlook, takes a look at the migratory experiences of five countries that preceded the United States in adopting the EMV standard: the United Kingdom, Australia, Brazil, Mexico, and Canada. It also describes the U.S. path to EMV based on interviews with top U.S. issuers and payment networks and makes a series of recommendations for U.S. issuers based on the lessons learned from other countries.
Nov 22 – Agriculture Deputy Secretary Krysta Harden has announced the appointment of 20 members to serve on the Secretary’s Advisory Committee on Beginning Farmers and Ranchers during a trip to the University of Delaware. The committee will provide guidance to the Secretary on expanding opportunities that will help beginning farmers and ranchers succeed in agriculture.
Sept. 16 – FirstMerit Corp. has introduced mobile business banking for business customers through both downloadable mobile banking apps and Short Message Service (SMS) text banking features. Business owners and managers can now use their mobile devices to monitor and manage their business’ accounts anytime and anywhere they want. The free downloadable mobile application is available for iPhone, iPad, iPod Touch and Android devices.
Jan 15 – The Office of the Comptroller of the Currency has announced that Amy Friend has been named the agency’s chief counsel. Friend, a former assistant chief counsel at the OCC, has had a varied career in both the public and private sectors. Most significantly, she served as chief counsel to the Senate Banking Committee, where she played an integral role in the development of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Dec 27 – Comptroller of the Currency Thomas J. Curry has announced that Karen Solomon would begin a three-month term as acting Chief Counsel on Jan. 1 while the agency continues its search for a successor to Julie Williams.
Sept 26 – John C. Williams, president and CEO of the Federal Reserve Bank of San Francisco, gave the following presentation to the City Club of San Francisco on Sept. 24, 2012. Williams topic for the presentation was the economic outlook and the challenges to monetary policy.1
Sept 14 – MasterCard has announced the expansion of its U.S. electronic payments roadmap to include the ATM channel. Beginning in October 2016, a liability shift hierarchy will be introduced for ATM transactions in the United States, as part of an effort to globally align the use of EMV technology to prevent and manage fraud in the payments ecosystem.
Sept 12 – ServisFirst Bank Pensacola is pleased to announce the grand opening of their Cordova banking center. The additional location will be on the corner of 12th Avenue and Summit Boulevard and will host a ribbon cutting ceremony on Sept. 13 at 4:30 p.m. ServisFirst Bank Pensacola’s Cordova Banking Center has a well trained staff led by Fran McCurdy, banking center manager, assistant vice president and some of Pensacola’s most qualified bankers.