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This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news.
You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes stories, digital exclusives, the ABA Banking Journal Podcast and more.
ABA’s new online platform to provide members with free access to the Treasury Check Verification System is now live. On a special joint episode of the ABA Banking Journal Podcast and ABA Fraudcast, ABA anti-fraud experts Paul Benda and Hannah Ibberson discuss the platform and how banks can put it to use.
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Concerns remain about the risk-free secured overnight financing rate plummeting during periods of market stress, just as banks’ funding costs increase. Potential solutions to mitigate that risk have yet to gain traction, although recent developments with the remaining credit-sensitive reference rates, Ameribor and the Across-the-Curve Credit Spread Index, could spark growing interest.
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Even smaller banks with only a few billion dollars in assets are using swaps and other derivatives to more proactively hedge risk.
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Amid tariff-related volatility, how are small and midsize businesses and the banks that serve them faring? On this episode of the ABA Banking Journal Podcast, John Buran, the president and CEO of Queens-based Flushing Financial discusses how tariff and trade policy-related volatility has compounded commercial client uncertainty based on interest rates over recent months and why uncertainty has slowed loan growth and investment.
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As the volume and complexity of transactions and digital interactions surge, navigating these increasingly intricate ‘digital highways’ demands greater sophistication and calls for more streamlined fraud prevention methods. This begs the question: Will fraud prevention ever achieve full autonomy?
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Automation can assist bank marketers with lead analysis, scoring and pipeline reporting when built into a bank's CRM or automation platform.
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The House has passed by voice vote legislation prohibiting credit reporting firms from selling mortgage applicant information to lenders who then barrage those same consumers with unwanted solicitations. The ABA supported the bill, noting in a memo to lawmakers that it would “curb the abusive use of mortgage credit ‘trigger leads’ while narrowly preserving them for legitimate, transparent and accountable uses.”
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A proposal to prevent the Federal Reserve from paying interest to banks would not save the government money nor make more credit available, Fed Chairman Jerome Powell said.
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The ABA joined the Financial Services Forum in proposing changes to the Federal Reserve’s stress capital buffer requirement for large banks. In a joint letter, the two associations said they welcomed the changes to the stress capital buffer, or SCB, requirement as the first step in reforming the broader stress testing framework.
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Federal banking regulators have made available the 2025 list of distressed or underserved nonmetropolitan middle-income geographies. These are census tracts where revitalization or stabilization activities are eligible to receive Community Reinvestment Act consideration.
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The Federal Reserve and the Office of the Comptroller of the Currency today unveiled a series of proposed changes to the enhanced supplementary leverage ratio standards for the largest banks, although support for the revisions was not unanimous among Fed board members.
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The Federal Reserve has announced that reputational risk will no longer be a component of its bank examinations. In a statement, the Fed said it has started the process of removing references to reputation and reputational risk from its supervisory materials, “and, where appropriate, replacing those references with more specific discussions of financial risk.”
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