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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.
In this episode, John Vivian and Hugh Carney explore the agency’s findings, including the way credit risk and leapfrogged liquidity risk over the course of the year and the OCC’s concerns on artificial intelligence, among other topics, and what they portend for bank supervision in 2024.
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A bank’s culture is like a magnet: It can attract the people who will thrive there and repel the ones who won’t. So how do you know if yours is healthy?
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Most households that are frequently charged overdraft or non-sufficient fees report having difficulty paying the fees, although that figure drops significantly among households that are only occasionally charged fees, which is the vast majority of consumers, according to a survey released by the CFPB.
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A majority of retail banking customers want to authenticate their identities each time they access their bank accounts, and many said the same for sending and receiving money to and from family and friends, according to a survey.
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The discontinuation of Mint is undoubtedly an opportunity, but it also signals a threat.
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Most business owners and business executives believe their companies will grow stronger next year along with the U.S. economy, according to the 2024 Economic Outlook Survey by the New Jersey-based Provident Bank.
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As the Federal Housing Finance Agency moves forward with implementing the recommendations in its recently completed review of the Federal Home Loan Bank system, it is important that the process the agency uses to make those changes is transparent and inclusive, ABA and 52 state bankers associations said in a letter to the agency.
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A House bill would reform the CFPB’s unfair, deceptive or abusive acts and practices authority under the Dodd-Frank Act to provide certainty for lenders and credit providers, according to its sponsor.
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Two senators introduced legislation they said would create a fair appeals process for banks and increase transparency in the bank examination process.
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Proposed legislation to implement a national 36% annual cap on fees and interest charged on consumer loans would make it more difficult for many consumers to obtain credit, thereby harming the very consumers the bill seeks to protect, ABA and eight financial sector associations said.
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The Financial Accounting Standards Board issued an accounting standards update to address what it said have been investor requests to provide more transparency about a company’s income taxes
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For the first time, the Financial Stability Oversight Council has labeled the use of artificial intelligence in financial services as an emerging vulnerability in the financial system.
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January 2 - 26, 2024
Facilitated Training: The Banking Industry
January 8 - February 2, 2024
Facilitated Training: Building a Bank-Wide Data Management Program
January 8 - February 2, 2024
Facilitated Training: Marketing in Banking
January 15 - March 8, 2024
Facilitated Training: Introduction to Agricultural Lending
January 17, 2024
Webinar: 2024 Regulatory Updates and Compliance Challenges - Part 1
January 18, 2024
Webinar: Advisor Insights: 2024 Market and Economic Outlook
January 22 - February 16, 2024
Facilitated Training: Bank Lines of Business
January 22 - February 23, 2024
Facilitated Training: Managing Funding, Liquidity and Capital
January 22 - March 8, 2024
Facilitated Training: Analyzing Bank Performance
January 24, 2024
Webinar: Multicultural Banking
January 24, 2024
Webinar: The 2024 Fraud Landscape
January 28 - 31, 2024
Conference: Insurance Risk Management Forum
Amelia Island Resort, Amelia Island, FL
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