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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.
Google Trends data show that searches including the terms “inflation” or “recession” have increased in recent months, peaking in mid-June. By comparison, searches including the term “stagflation” remain low.
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Banks of all sizes expand their partnerships—on training, recruiting and mentoring—with HBCUs to open opportunity and enhance diversity.
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The most sophisticated and user-friendly method for blocking credential stuffing attacks is to use behavior-based detection and blocking.
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The Alternative Reference Rates Committee has released a playbook to help support the transition away from legacy Libor cash products.
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Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as the pandemic drove virtual banking, digital workflows and remote work across the industry.
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Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent research published by J.D. Power.
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More U.S. consumers believe inflation is on the horizon in the short term but are more optimistic about an economic downturn in the medium and longer terms, according to the N.Y. Fed.
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With increased focus on analytics, technology, partnering with outside firms and other evolutions, banks are marketing for a new age.
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ABA joined the Independent Community Bankers of America, the Credit Union National Association and National Association of Federally Insured Credit Unions in a letter to House leaders urging them to include the SAFE Banking Act as an amendment to the 2023 National Defense Authorization Act.
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Ahead of a House Financial Services subcommittee hearing on the joint agency proposal to update the Community Reinvestment Act, ABA cautioned lawmakers that certain aspects of the proposal are unlikely to accomplish the goals of regulatory modernization.
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As households and businesses face a possible recession, decades-high inflation levels and other economic challenges, a broad coalition of trade groups—including ABA—representing a wide range of industries urged lawmakers to reject policy proposals that would raise taxes on small, individually and family-owned businesses.
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Recent volatility has uncovered “serious vulnerabilities” in the crypto financial system that may require new regulation, Fed vice chair says.
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The request follows an executive order directing agencies to report on the implications of the development and adoption of digital assets, as well as changes in financial market and payment infrastructures.
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ABA sent a letter to Senate Finance Committee leaders in support of the Enhancing Retirement Now Act, which would significantly improve retirement savings for Americans.
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The federal banking agencies and the Financial Crimes Enforcement Network issued a statement reminding banks of the risk-based approach to assessing customer relationships and conducting customer due diligence.
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