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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.
On this episode of the ABA Fraudcast, we dive into how the Internet works — and why it’s so easy for criminals to create fake bank websites. We’ll explore how these sites get taken down and what banks can do to combat this growing threat.
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In the modern-day banking environment, one bank’s missed opportunity to fortify a relationship with a commercial client means a gain in revenue for its competition. Within that context, marketing can be a force multiplier to help commercial banks be more effective.
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The ABA Foundation and FBI have released a new infographic aimed at educating the public about the growing threat of deepfake scams. The infographic highlights how AI-generated or manipulated media, including images, video and audio, can be used to impersonate trusted individuals.
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The Trump administration is bringing a whole-of-government response to fight the deadly threat of illicit fentanyl. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network has exercised a significant new authority to the fight against illicit fentanyl, issuing orders identifying Mexico-based financial institutions as primary money laundering concerns in connection with illicit opioid trafficking.
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The most common descriptor of the Trump administration policy impact to date has to be "uncertainty," affecting businesses across industry sectors. That includes banking, and while some recent and anticipated changes favor banks, the rapid pace of change should put institutions on risk alert.
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More than two in three U.S. workers said they are “somewhat” or “very” stressed about their financial situation, according to a new survey by PNC Bank. Sixty-eight percent of workers reported being stressed, a slight decrease from 70% in 2024 and 71% in 2023.
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As lawmakers consider legislation on data privacy, they should amend a 1999 law that established privacy requirements for financial institutions to better reflect the modern financial services ecosystem, the ABA and four banking and credit union associations said this week.
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The Federal Reserve announced the final individual capital requirements for large banks, effective Oct. 1. The requirements are informed by the Fed’s stress test results.
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The ABA recommended that federal regulators quickly finalize a series of proposed changes to the enhanced supplementary leverage ratio standards for the largest banks.
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The FDIC has removed all references to disparate impact from its Consumer Compliance Examination Manual. Instead, the agency said it will evaluate potential discrimination under the Equal Credit Opportunity Act and Fair Housing Act “only through evidence of disparate treatment.”
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The U.S. Department of Housing and Urban Development should continue to study “buy now, pay later” financing and its potential effects on consumers and Federal Housing Administration-insured mortgage programs, the ABA said recently.
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The Small Business Administration announced it had ordered its network of more than 5,000 lenders to end any practices that result in “debanking,” adding that lenders who fail to comply will “lose their good standing with the SBA and will be subject to additional punitive measures.”
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