Consumer sentiment rose in December

The NFIB Small Business Optimism Index declined two points in September to 98.8, according to the National Federation of Independent Business.

The award recognizes individuals who have made significant contributions to the financial crimes profession and demonstrated leadership, integrity and service throughout their careers.

The prestigious annual awards recognize banks for extraordinary service to their local communities in seven specific categories.

FinCEN finalized a rule cutting off a Cambodian firm from the U.S. financial system, with the agency saying the firm acts as a conduit for laundering money obtained through romance scams and other cybercrimes.

The new reporting system will allow ABA to collect real-time information on counterfeit Treasury checks.

As banks explore stablecoins, they must keep in mind that Bank Secrecy Act and sanctions rules still apply, and that should guide their relationships with third parties that provide stablecoin services.