Podcast: Cybersecurity in a mobile-first banking landscape

The OCC is proposing to amend its chartering regulations to clarify that national banks limited to the operations of trust companies may engage in nonfiduciary activities.

ABA's Steve Kenneally on the Fed's decision on penny deposits, the operational challenges the penny phaseout poses to retailers and banks, and ABA's advocacy on coinage reform.

The Federal Reserve announced that it will resume accepting pennies from banks and credit unions at commercial coin distribution locations on Jan. 14, providing services that were previously suspended.

The Federal Reserve is reviewing its rules under which “confidential supervisory information” can be shared to help banks better coordinate fraud prevention efforts and mitigate the potential for supervisory abuse, Vice Chair for Supervision Michelle Bowman said.

The FCC issued a final rule that requires voice service providers to provide more timely updated information to the Robocall Mitigation Database and provides increased penalties for non-compliance. The rule is effective Feb. 5.

The Senate Banking Committee will vote next Thursday, Jan. 15, on a market structure bill to establish a regulatory framework for cryptocurrencies, committee Chairman Tim Scott (R-S.C.) told Breitbart News.