ABA and Bank Policy Institute urged the National Institute for Standards and Technology to focus on developing voluntary and technology-neutral guidance for how businesses and other organizations can safely deploy agentic artificial intelligence.
U.S. adults overwhelmingly trust banks more than any other entity to protect them from fraud, according to a new survey conducted by Morning Consult on behalf of AVA.
In coming months, the FDIC will seek to clarify that payment stablecoins are not eligible for FDIC pass-through insurance, end restrictions preventing nonbanks from purchasing failed banks, and pursue several changes to its supervision programs, agency Chairman Travis...
As the OCC crafts regulation to implement the Genius Act, it is seeking input from bankers and others on what form that regulation should take, Comptroller Jonathan Gould said at the ABA Washington Summit.
Core inflation’s downward trend remains intact. Inflation is still above the Fed’s target, potentially keeping short-term rates higher, possibly pressuring bank net interest margins.
The decision of the Kansas City Fed to approve a limited master account for crypto firm Kraken was designed as a "pilot" to test how certain kinds of nonbanks can access the payments system, Fed Vice Chair for...
