Fintech and New Frontiers in Bank Innovation

The real work for most banks isn't deciding whether or not to become an issuer. It's building the strategy that comes after that answer and showing up as the critical and trusted infrastructure bank customers continue to rely on. 

The Senate adjourned without holding a final vote on the Clarity Act, punting further action on the bill until at least September.

ABA supports requiring stablecoin issuers to comply with the Bank Secrecy Act and sanctions requirements, but proposed rulemaking to establish those standards needs further refinements, the association said in a letter to the FDIC.

What a century of fraud can teach banks about the next generation of risk.

While frontier artificial intelligence models strengthen both cyberattacks and cyber defense, the financial costs for both are “asymmetric” and may favor attackers, according to a new bulletin published by the Bank for International Settlements.

A new committee to review state-level regulatory frameworks for stablecoins must adopt strong, transparent rules before it starts making decisions “that will shape the payment stablecoin market for years to come,” ABA and three bankers associations said.