Dimon: Inflation may persist as economy cools, raising stagflation risk
The U.S. economy is “still booming,” and inflation may not subside as expected when the overall economy cools, JPMorganChase Chairman...
Compliance and Risk
ABA’s Nichols calls on Congress, White House to address fraud crisis
Calling fraud an “insidious problem” that affects the financial and psychological well-being of millions of Americans, ABA President and CEO...
CFPB: Fair credit reporting rules apply to employee monitoring tools
Employers that use algorithmic scores and other third-party consumer reports to gather information about potential hires and current employees may...
ABA warns consumers about phishing, check fraud in media appearances
Paul Benda, EVP of risk, fraud and cybersecurity for ABA, gave interviews to several media outlets this week as part...
White paper identifies deepfake fraud types and controls
The guidance is meant to aid cybersecurity teams in enacting preventative measures and control mitigations to protect their financial institutions,...
Podcast: Breaking down crypto investment scams
Crypto investment scams cost Americans billions of dollars. The scammers start small with confidence or romance scams and gradually work...
FinCEN issues alert on Hezbollah financing
FinCEN issued an alert for financial institutions to help identify and report suspicious activity supporting the Lebanese terrorist group Hezbollah.
NMLS users encouraged to update accounts before Nov. 1
Recent enhancements improve the user experience for the Nationwide Multistate Licensing System, but users must take steps to update their...
ABA, associations urge CFPB to rescind circular on overdraft opt-in procedures
ABA and five associations urged the CFPB to rescind a circular that imposes new expectations on banks with respect to...
FHFA proposes changes to Federal Home Loan Bank governance
The Federal Housing Finance Agency issued a notice of proposed rulemaking that would make substantial changes to the governance structure...
