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.
Faster payments are not just for large banks and B2B transactions. Other industries, including community banks, can realize benefits as well. Delivery drivers, retirees and small business owners, among others, could all benefit from having quick access to funds. Learn how faster payments can help your community bank meet the demand of your customers.
Millennials want advisors who share their values or who understand their life goals and experiences. Doing business with bankers who “get them” will engender trust and solidify these budding relationships.
By considering the unique aspects of healthcare financing, the associated risks can be factored into the pricing and structure of the credit facility, resulting in fewer surprises.
For generations, banks have remained at the center of people’s financial lives. As technology continues to progress, evolving and adapting with that technology is critical to your institution’s success. Your customers need you to understand their needs and guide them with individualized digital experiences. By doing so, you’ll not only deliver an exceptional customer experience but strengthen connections with your customers, too.
ABA told the Financial Stability Board that additional regulation for the banking sector to address concerns regarding money market funds would be inappropriate and unnecessary, as banks have been a source of financial strength throughout the COVID-19 pandemic.
ABA and five other financial trade groups have urged the Federal Reserve to withdraw its proposal to expand the Durbin Amendment’s implementing rule (Regulation II), unless the Fed fixes key legal and technical deficiencies.
The Federal Reserve has announced individual capital requirements for banks with more than $100 billion in total consolidated assets. The requirements were determined in part by the results of the Fed’s supervisory stress tests.
ABA and three other banking and mortgage groups warned that re-codifying the Department of Housing and Urban Development’s 2013 disparate impact rule would run afoul of binding Supreme Court precedent.
ABA wrote to Senate leaders in support of an amendment to the budget resolution put forth by Sen. Mike Crapo (R-Idaho) that would prevent the Internal Revenue Service from establishing a new information reporting framework for individual or business bank accounts with flows of $600 or more.
The SEC last has approved new Nasdaq rules for companies listing on the stock exchange that will require them to publicly disclose consistent transparent diversity statistics regarding their board of directors.
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