Podcast: Bigger data boosts financial inclusion at Synchrony
As part of Synchrony's efforts to safely grow the number of people eligible for credit, it incorporated "consumer-consented cash flow"...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 6.3% this week. The rate for a 15-year fixed-rate mortgage was 5.53%.
Bankers stress need for community bank leverage ratio reform
Community bankers gathered at the Federal Reserve to talk about the challenges facing their sector, with some proposing it is...
Bessent outlines policy agenda to boost community bank business model
Treasury Secretary Scott Bessent shared several steps the Trump administration plans to take to drive a “community bank comeback,” including...
Fed releases FAQ, templates to help mutual banks raise capital
The Federal Reserve has released an FAQ and two templates that mutual banks can use as they consider engaging in...
Fed to expand Fedwire, NSS operations to Sundays, holidays
The Fed announced that Fedwire Funds Service and National Settlement Service operations will be expanded to include Sundays and weekday...
FinCEN renews residential real estate geographic targeting orders
FinCEN announced the renewal of geographic targeting orders that require U.S. title insurance companies to identify the natural persons behind...
FinCEN, agencies release FAQ on suspicious activity reporting requirements
Treasury Secretary Scott Bessent said FAQ is part a broader effort to address “pain points” for banks with AML reporting...
FCC set to propose ABA-backed changes to modernize automated calling rules, strengthen fraud protections
The FCC released a draft notice of proposed rulemaking that, if issued and then finalized, would adopt several American Bankers...
Report: Health savings account total assets approach $159B
Health savings account assets reached nearly $159 billion across roughly 40 million accounts at the halfway point of 2025, according...
