ABA’s TCVS portal officially verifies more than 100k checks
ABA's access point to the Treasury Check Payee Verification System has verified nearly 105,000 checks since it launched in June...
Compliance and Risk
OCC finalizes rules citing federal preemption of state interest-on-escrow laws
The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts....
FDIC updates signage rules Q&A to reflect recent changes
The FDIC has updated the Q&As for its signage and advertising requirements to reflect recent changes to the regulation.
FDIC releases study of 2023 bank failures
The FDIC released a detailed analysis of the 2023 spring bank failures, finding that depositors with “substantial” uninsured funds were...
CISA, G7 release guidance for AI software ‘ingredients list’
CISA and the G7 have released joint guidance to help public and private sector stakeholders improve transparency in their artificial...
ABA supports issuance of ‘know your upstream provider’ proposal
ABA expressed its support for FCC Chairman Brendan Carr’s decision to schedule a May 20 vote on issuing a proposal...
House committee advances ABA-backed bills on bank supervision, fighting scams
The House Financial Services Committee advanced two bills supported by ABA as part of a package of proposed legislation on...
Fed survey: Unbanked rate little changed in 2025
Roughly 6% of U.S. adults were unbanked last year, a figure that has held steady since 2021. The Fed survey...
Chopra to lead new California agency overseeing banks
California Gov. Gavin Newsom has appointed former Consumer Financial Protection Bureau Director Rohit Chopra to lead the state’s new business...
Digital debit: Table stakes for consumer payments
To ensure the highest level of security, what does the right level of friction in the process look like?
