Senate passes ABA-backed ATM crime bill

FinCEN issued an alert and proposed new rulemaking to designate transactions to the Russia-linked A7 Network as transactions of primary money laundering concern, with Iranian actors allegedly using the network to evade sanctions.

The rate for a 30-year fixed-rate mortgage was 7.28% this week. The rate for a 15-year fixed-rate mortgage was 6.6%.

Q2 trading revenue was $5.3 billion, or 32.5%, more than in the previous quarter and $5.1 billion, or 30.6%, more than a year earlier.

With artificial intelligence supercharging scams, ABA is relaunching its largest consumer-facing campaigns to educate the public on how to protect themselves and the role banks play in fighting fraud, ABA President and CEO Rob Nichols announced during an...

OFAC imposed sanctions on 10 targets with alleged ties to the Tren de Aragua transnational criminal organization for its role in organizing a series of ATM jackpotting thefts across the U.S., orchestrated in part by one of the...

The FCC voted to revise the “revoke all” rule and “provided number” condition, both of which have made it more difficult for banks to communicate by phone and text message with their customers. ABA has long called for...