Social Security implements new protocols for changing bank information
The Social Security Administration announced that beneficiaries will no longer be able to change their direct deposit bank information through...
Compliance and Risk
Podcast: How mail theft fuels the check-fraud boom
On ABA Banking Journal Podcast — presented by nCino — ABA's Paul Benda and Caitlin Piasecki of the United States Postal...
Bill removing reputational risk from bank supervision advances in Senate
The Senate Banking Committee voted 13-11 in favor of legislation to prevent federal banking regulators from using reputational risk as...
Trump nominates Plankey to lead CISA
President Trump nominated Sean Plankey to be director of the Cybersecurity and Infrastructure Security Agency, which is part of the...
FTC: Consumer fraud losses jumped 25% in 2024
Consumers reported losing more than $12.5 billion to fraud last year, representing a 25% increase over the previous year, the...
FinCEN issues southwest border geographic targeting order
FinCEN ssued a geographic targeting order requiring all money services businesses located in 30 ZIP codes in California and Texas...
Insights on strategy, risk and regulation in bank-fintech partnerships
A close-up with ABA’s Krista Shonk and Brooke Ybarra.
Banking agencies release Shared National Credit Program report
Credit risk associated with large, syndicated bank loans remains moderate, but weakened credit quality trends continue due to higher interest...
OCC withdraws policy on bank engagement with cryptocurrency
The OCC published an interpretive letter rescinding the agency’s policy on bank engagement with cryptocurrency “to reaffirm that a range...
Senate bill would remove reputational risk from bank supervision
Senate Banking Committee Chairman Tim Scott (R-S.C.) and committee’s Republican members introduced legislation to prevent federal banking regulators from using...
