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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 and other email bulletins.
On this episode of the ABA Banking Journal Podcast, ABA SVP Naomi Mercer goes beyond diversity to distill insights from her new book, DEI Foundations, and explore how banks and other businesses can apply intersecting practices of diversity, equity and inclusion.
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A successful strategy for banks is one that prioritizes personalization and relationship-building via social media.
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According to a University of Michigan consumer survey, views regarding home selling conditions have recently fallen sharply amid buying sentiment at 10-year lows.
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Most businesses would rather partner with a bank for their payment solutions rather than work with a third-party financial technology partner, according to a recent survey by BNY Mellon and Aite-Novarica Group.
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The cost of financial crime compliance in North America for 2022 is estimated at $56.7 billion, up 13.6% from 2021.
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Memphis-based Evolve Bank & Trust is a co-winner in the social media category of ABA’s 2022 Brand Slam Awards. Using a multi-platform approach, the bank focused on Women’s History Month to highlight its female leadership and women’s contributions to banking.
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The FDIC board unanimously voted to raise deposit insurance assessment rates for every bank by two basis points beginning with the first quarterly assessment period of 2023.
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ABA joined a coalition of financial services trade associations in a follow-up letter to the Consumer Financial Protection Bureau regarding a recent request for comment on proposed revisions to an existing information collection on credit card terms for consumer and college credit card agreements.
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The Federal Reserve announced it is seeking public comment on possibly drafting new requirements for large banks to alleviate the economic effects should the banks fail.
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ABA supports a proposal to have Fannie Mae and Freddie Mac switch the methodology for how they measure their multifamily housing goals, the association said in a letter to the Federal Housing Finance Agency.
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Citing the increased frequency and sophistication of cyber attacks, the Financial Stability Board has released a set of recommendations for standardizing cyber incident reporting among financial institutions and regulators.
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Waller is “highly skeptical” that there is a compelling need for the Fed to create a central bank digital currency.
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