ABA announces formation of emerging payments advisory group.

• Position: At Your Service - American Bankers Association - Brief article

ABA HAS FORMED AN EMERGING PAYMENTS ADVISORY GROUP, a diverse team of bankers who will work to identify policy trends, risks and opportunities in the changing payments environment and determine next steps to promote the interests of all stakeholders in the payment system.

Made up of senior executives from community, regional and large banks, the advisory group will work to ensure that government policy debate in the rapidly evolving payments space promotes competitive solutions that recognize the important role banks of all sizes and charters represent in this critically important function.

By identifying key issues and educating policymakers, ABA's goal is to ensure that the payment system continues to provide consumers with reliable, safe and efficient access, says Frank Keating, ABA president and CEO.

Members of the advisory group represent ABM membership in terms of asset size, charter and location...