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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.
It’s National Financial Literacy Month, and on this episode of the ABA Banking Journal Podcast, the Wall Street Journal’s Matthew Hennessey digs into the literacy that undergirds financial literacy: the basics of economic decision-making, from prices and markets to preferences and specialization.
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The ABA Foundation and the Federal Trade Commission have released an infographic with information to help consumers protect themselves when using mobile payment apps and services. The infographic, developed jointly by the ABA Foundation and the FTC, is part of an ongoing series educating consumers about scams.
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Banks that retain more of their brokerage activity in-house but outsource functions such as trade execution or clearing to third parties will face bigger hurdles.
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Banks and businesses face a growing threat from malicious cyber actors seeking to hold critical systems hostage.
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In a data snapshot, the CFPB highlighted some of the unique challenges facing rural Americans, including an increased reliance on physical bank branches, given the limited access to high-speed internet and online banking options in many of these communities.
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After 22 years at ABA, the association’s top lobbyist James Ballentine will soon retire. In this special episode of the ABA Banking Journal Podcast, Ballentine reflects on lessons learned during his career in Washington and shares tips both on effective banking advocacy and on promoting diversity and inclusion in banking.
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Republican leadership of the House Financial Service Committee and the Committee on Oversight and Reform called upon the postmaster general of the U.S. Postal Service to stop the extension of a financial services pilot program that the lawmakers claim has been in violation of statutory restrictions from its inception.
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The Federal Housing Administration added a 40-year mortgage modification option to assist borrowers who are behind on their mortgage payments for FHA Title II forward mortgages, and hopes to make it permanent.
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ABA, along with several other trade groups, sent a joint letter to Treasury Secretary Janet Yellen, once again urging the agency to revise its regulatory treatment of Emergency Capital Investment Program investments.
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Chair of the Financial Stability Board sent a letter to G20 finance ministers and central bank governors addressing financial stability issues caused by the invasion of Ukraine.
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The Consumer Financial Protection Bureau issued a recent blog post that criticized banks that charge nonsufficient funds fees.
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ABA has selected Kirsten Sutton to serve as EVP of congressional relations and legislative affairs. She succeeds James Ballentine, who is retiring after 22 years with the association.
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