ABA announced a new investment in PortX, an AI-powered data integration platform built for community banks that addresses the growing need for digital transformation in the financial services sector.
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 ABA.
As banks expand their deployment of artificial intelligence tools, Sen. Ted Budd (R-N.C.) called for federal regulation to preempt state laws on AI use.
Comptroller of the Currency Jonathan Gould said his focus as a banking regulator is to correct the regulatory overreach that has taken place since the 2008 financial crisis, particularly for the community bank sector.
“Strong banks are integral to strong communities. Our success is intertwined with yours," Gov. Josh Stein said at the ABA Annual Convention
At the ABA Annual Convention, ABA President and CEO Rob Nichols flagged three key ways the association is working “to build a better future for banks, their customers, and the communities they serve."
