Josh and John dive into the decline of checks, the rise of digital payments and how banks can keep up with evolving customer expectations in the digital age.
John Oxford, director of marketing at Renasant Bank, and Josh Mabus, president of the Mabus Agency, co-host the Marketing Money Podcast.
ABA supports the OCC’s proposed approach to treat stablecoin issuers like financial institutions for Bank Secrecy Act and sanctions compliance, but believes further changes are needed for equal treatment of all regulated entities.
The Federal Reserve’s proposed payment account framework is a prudent approach to responsible innovation if additional safeguards are adopted to protect the safety, soundness and integrity of the U.S. payments system, ABA and the Consumer Bankers Association said.
ABA joined other financial sector associations to release a guide for financial institutions in determining which data shared with federal regulators should be subject to heightened security standards, as the banking agencies recently announced new policies for handling...
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration of deposits from federally insured financial institutions to cryptocurrency platforms that don’t offer lending, the U.S. Hispanic Chamber...
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that drives economic activity in the U.S, ABA and five other banking sector associations said in a joint statement.
The Financial Stability Board’s draft list of 12 recommendations to guide the adoption of artificial intelligence by financial institutions is useful, but the document could use some further tweaks to make the recommendations even more effective, ABA said.
