|
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.
Banks that prioritize strong relationships, responsive service and community engagement have better chances of keeping depositors.
|
Policymakers must weigh short-term fiscal gains against the long-term health of the real economy.
|
Why deliberately separating CEO and board chair roles is a good idea. And the value of strategic planning ahead of a major asset threshold.
|
What does the future hold for bank risk and compliance professionals? Krysti Cunningham discusses the technological transformation in risk and compliance at community and midsize banks and applications for AI tools and LLMs in risk and compliance.
|
As more older Americans are major targets for criminals, Safe Banking for Seniors is an effective program to inform and defend against targeted scams.
|
Shifting consumer behavior and increased competition redefine what it means for banks, but the payoff can be great.
|
Fighting check fraud will require greater collaboration and cooperation between federal, state and local agencies alongside private sector stakeholders such as U.S. banks, the ABA told House lawmakers.
|
Bank regulators should abandon the “flawed” approach of creating two sets of capital standards for large banks and instead propose a single set of modernized standards also available as an option for smaller banks, Treasury Secretary Scott Bessent said.
|
The ABA urged House lawmakers to support six bills covering a wide range of banking-related issues, from the Federal Reserve’s discount window to de novo bank formation.
|
The House passed, by voice vote, a bill directing the Securities and Exchange Commission to create a task force dedicated to combating the exploitation of senior investors. In May, the ABA said the bill aligns with its work and the work of the ABA Foundation to protect bank customers against elder financial exploitation.
|
The Federal Reserve, FDIC and Office of the Comptroller of the Currency have published the fourth in a series of requests for public comment on reducing the regulatory burden for financial institutions. The first three requests were published last year.
|
In a letter, the ABA said it is pleased with the Consumer Financial Protection Bureau’s proposal to revise its small-business lending data rule and offered several recommendations to reduce the compliance burden for banks.
|
|
