NIST releases draft guidelines for AI cybersecurity
The National Institute of Standards and Technology released draft guidelines for applying the agency’s cybersecurity framework to the adoption of...
Technology
Fed rescinds guidelines for weighing crypto requests from non-FDIC insured banks
The Federal Reserve rescinded a 2023 statement on how it would evaluate requests from non-FDIC insured banks to engage in...
Survey: Community banks navigate digital adoption, liquidity management challenges
While the digital shift is well underway, key hurdles remain related to system integration and broader digital asset acceptance.
FDIC proposes application process for banks seeking to issue stablecoins
The FDIC proposed rulemaking to establish a process under which banks and savings institutions can seek agency approval to issue...
How banks can avoid the dangers of AI slop
Banks can achieve powerful results with generative AI platforms, but poor-quality AI output can harm operations and reputations.
ABA questions OCC approval of trust charters for crypto companies
ABA President and CEO Rob Nichols said the OCC's approvals raise important questions about the scope and oversight of the...
CISA releases updated cybersecurity goals for private sector, critical infrastructure
CISA released version 2.0 of its list of voluntary practices that businesses and critical infrastructure can incorporate to bolster their...
Trump issues executive orders to challenge state AI laws, rein in proxy advisors
President Trump signed two executive orders creating a task force to challenge state laws on artificial intelligence and directing federal...
ABA offers framework for AI legislation
ABA submitted a list of principles to guide any legislation relating to artificial intelligence in financial services, stressing that Congress...
FinCEN penalizes crypto firm for BSA violations
FinCEN assessed a $3.5 million civil penalty against the former cryptocurrency services provider Paxful for Bank Secrecy Act violations and...
