FedNow to raise transaction limit to $10M
Starting in November, the FedNow Service network transaction limit will be increased from $1 million to $10 million in response...
Technology
ABA op-ed: Don’t fall for fintech, retailer spin on consumer financial information sharing
Financial technology firms and mega-retailers are trying to trick the public about access to their own consumer financial information so...
Podcast: AI, third-party risk and the future of partner banking
From artificial intelligence to other new technologies to regulatory expectations, how is the partner bank sector shifting?
Gould touts OCC debanking moves, reassures on stablecoin
Comptroller of the Currency Jonathan Gould emphasized the Trump administration’s recent “clarifications and changes to our existing policies” addressing charges...
FinCEN issues notice on financially motivated type of extortion
FinCEN issued a notice to help financial institutions detect and disrupt a financially motivated type of extortion in which victims...
House committee advances ABA-backed cybersecurity bill
The House Homeland Security Committee advanced legislation to extend an existing law that enables the federal government to share real-time...
FinCEN debuts redesigned website
FinCEN unveiled a facelift for its main website, which it said has been redesigned to provide a more user-friendly experience.
Fed to host conference on payments in October
The conference will bring together a range of interested parties to discuss how to further innovate and improve the payments...
ABA Foundation, FBI release infographic on deepfake scams
The ABA Foundation and FBI released a new infographic aimed at educating the public about the growing threat of deepfake...
Survey: Consumers increasingly turn to AI for financial advice
Thirteen percent of respondents said they use AI for banking and financial services on a daily basis, while 59% said...
