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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.
Banks of all sizes access the innovation ecosystem through in-house development, fintech partnerships, acquisitions and venture investment. Huntington Bank does all four.
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Asset-liability managers haven’t seen a rate environment like this in a generation. Experts provide tips on how to pivot.
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ABA and management consulting firm Oliver Wyman released a new report that provides a framework for bankers to fight fraud by improving their customer identity management.
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Adopters of open banking can more effectively harden their security stance against future attacks, protect their data and customers with a holistic approach to API.
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As some banks weigh ditching their holding companies, there are a few considerations for how and why publicly traded banks can file Exchange Act reports directly with their regulatory agencies.
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Small-business owners are optimistic about their prospects even though many report facing affordability challenges and external pressures on their operations, according to a recent survey by Capital One and research firm Morning Consult.
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Allowing newer, nonbank entities access to the Federal Home Loan Bank system would introduce significant risk, given that they do not have comparable capital requirements, regulation or oversight to existing FHLB members, ABA said in recent comments to the Federal Housing Finance Agency.
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The Consumer Financial Protection Bureau has outlined proposals under consideration that would require businesses to make a consumer’s financial information available to them or a third party at the consumer’s direction.
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The Securities and Exchange Commission has proposed new rules to prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence and monitoring of the service providers.
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The Federal Housing Finance Agency announced the approval of the FICO 10T and the VantageScore 4.0 credit score models for use by Fannie Mae and Freddie Mac.
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Any measures to shift liability to financial institutions for peer-to-peer payments that a consumer authorizes and later claims were paid to a scammer will harm consumers by diminishing the availability and value of P2P payments, increasing consumers’ costs, reducing competition, and enriching and encouraging criminals, ABA said in a letter to the Consumer Financial Protection Bureau.
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The Consumer Financial Protection Bureau has issued guidance on certain overdraft and depositor bank fees that the agency alleged “are likely unfair and unlawful.”
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