ABA Risk and Compliance
 
 
 
 
August 15, 2025
Features
ABA Fraudcast: The increasing threat of elder fraud and understanding state hold laws
As elder fraud skyrockets, banks are actively seeking strategies to protect their customers, including proper use of "hold" laws to delay transactions in suspected cases of exploitation. This episode of the ABA Fraudcast addresses these important issues and more.
Forces of transition: Aging population, declining birth rates, shifting immigration
Banks are increasingly pushed toward riskier lending strategies outside their immediate markets — heightening the need for strong risk management.
360factors, Inc
Orion
Reducing risks with expanding cloud deployment
While cloud adoption among banks is increasing for many good reasons, financial institutions face challenges when deploying cloud services. This article details some key outcomes from ABA and Financial Services Coordinating Council efforts to engage cloud service providers in cybersecurity and resilience challenges.
Reports explore information exposure, costs of data breaches
A recent analysis of data breach incidents found that nearly every breach contained financial information, such as bank records and account identification numbers. At the same time, a separate analysis by IBM concluded that the average cost of a data breach in the U.S. grew to more than $10 million last year.
Why Complaint Management is Your Best Customer Retention Tool
Ncontracts®
Customer acquisition is expensive, but losing a customer is far more costly—taking years of deposits, referrals, and trust with them. Most departures start with complaints that never enter formal systems, where minor frustrations snowball into attrition. When handled well, complaints become one of the most valuable tools for protecting relationships before they're lost.

Visit our website to learn more or to request a demo
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Banking agencies release ‘living wills’ for largest banks
The Federal Reserve and FDIC released the public sections of the resolution plans — also known as "living wills" — for the eight largest and most complex domestic banks and 56 foreign banks. The banks were required to submit resolution plans in July.
FinCEN issues list of red flags for possible crypto ATM scams
The Financial Crimes Enforcement Network has issued a notice urging financial institutions to be vigilant in identifying and reporting suspicious activity involving convertible virtual currency kiosks, also known as crypto ATMs.
CFPB considers raising regulatory thresholds for certain nonbanks
The Consumer Financial Protection Bureau is seeking public input on whether it should raise the thresholds for determining which nonbank service providers fall under its supervisory authority, saying the current thresholds may not justify the compliance burdens on the entities covered.
SAFARI SOP
Protecht Group
Court grants extension of pause in stress test lawsuit
A federal court has granted a request by the Federal Reserve and a coalition of bank and business associations to extend an existing pause in litigation challenging the Fed’s stress testing framework.
FTC warns consumers about social media check fraud scam
The Federal Trade Commission is warning consumers that social media posts sharing an alleged checking account "hack" is actually a scam that could lead to financial and legal trouble.
Court pauses lawsuit over Section 1033 data sharing rule
In late July, a federal court granted a stay in a lawsuit challenging the Consumer Financial Protection Bureau’s financial data sharing rule after the bureau requested time to work on a replacement, but it left in place the deadlines for complying with the current rule.
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TCA Compliance®
 TCA Compliance is a trusted leader in regulatory compliance solutions for financial institutions. Our experienced consultants provide expert reviews, practical insights, and actionable recommendations to help you navigate complex regulations with confidence. From consumer lending to deposit regulations and overdraft protection, we deliver clear, practical solutions to protect your institution and maintain customer trust. With TCA, you gain A Better Way to achieve compliance excellence.
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