ABA Banking Journal

SPONSORED CONTENT PRESENTED BY THE FEDERAL RESERVE Payments fraud continues to grow and impact individuals and organizations alike. According to the Federal Trade Commission, consumers reported losing more than $12.5 billion to fraud and scams in 2024, up 25% from the prior year. Additionally, check fraud was among the primary drivers of fraud events in 2024 despite declining check volumes, according to the annual...

SPONSORED CONTENT by Federal Reserve Financial Services The Federal Reserve has made several announcements this fall about key developments on the FedNow Service. Whether your bank or credit union is already participating in the FedNow Service or you’re still thinking about joining the instant payments network, you don’t want to miss these exciting updates. Participation and volume continue to grow....

SPONSORED CONTENT presented by Giesecke+Devrient Author: Jim Petit, President of Currency Management Solutions at Giesecke+Devrient America As digital payments expand, cash remains critical for fairness, resilience, and national security. Banks of all sizes play a vital role in ensuring access to cash, with cash remaining a foundational element of a stable and accessible economy. Recent federal legislation reinforces the importance...

SPONSORED CONTENT PRESENTED BY ASCENSUS The importance of recordkeeping in the retirement plan value chain is under the microscope. While the role of the retirement plan as a low-cost customer acquisition vehicle for investment or insurance product distribution is undisputed, the ability to deliver a cost-effective, competitive solution has become a challenge—especially when retirement plans are not a core business....