| Past Issues | Subscribe | ABA Bank Compliance magazine | ABA Banking Journal | ||||||||||||||||||
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May 9, 2025 |
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Cyber threat actors are already harvesting encrypted data with the goal of decrypting it once quantum computers are more widely available.
Digital growth is an essential consideration for banks looking to scale in today’s marketplace. Executives must consider the range of solutions to determine whether a fintech partnership is the right step, how to choose the right one and how to find ways to successfully implement these complex technologies.
The Fifth Circuit Court of Appeals has granted a request by the Consumer Financial Protection Bureau and the American Bankers Association and other plaintiffs to end a lawsuit over changes to the bureau’s UDAAP exam manual.
The Consumer Financial Protection Bureau announced it will not prioritize enforcement of its Section 1071 small-business lending data collection rule for businesses not covered by a recent court-ordered stay.
The Federal Reserve and FDIC rescinded two joint statements issued under the Biden administration on the risk management obligations of financial institutions should they offer crypto-related services. The move was the latest by Trump administration officials to roll back regulatory roadblocks for banks that wish to engage with digital assets.
The Financial Crimes Enforcement Network should take steps to improve the ability of inspectors general to determine companies’ beneficial owners, which would be useful in fraud detection efforts, the U.S. Government Accountability Office concluded in a recent report.
The Federal Communications Commission has voted to advance a proposal to create a new call authentication requirement designed to limit criminal access to the U.S. calling network.
May 14 May 14 May 21 May 29 June 2 - July 4 June 4 June 10 - 13 June 16 |
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