ABA op-ed: Don’t fall for fintech, retailer spin on consumer financial information sharing
Financial technology firms and mega-retailers are trying to trick the public about access to their own consumer financial information so...
Cybersecurity
House committee advances ABA-backed cybersecurity bill
The House Homeland Security Committee advanced legislation to extend an existing law that enables the federal government to share real-time...
ABA Foundation, FBI release infographic on deepfake scams
The ABA Foundation and FBI released a new infographic aimed at educating the public about the growing threat of deepfake...
ABA, associations propose improvements to federal data privacy law
As lawmakers consider legislation on data privacy, they should amend a 1999 law that established privacy requirements for financial institutions...
ABA Fraudcast: Enhancing security with .bank domain registration
One important strategy to defend against criminals targeting banks every day with look-alike domains and other common cyberattacks.
CFPB seeks input on Section 1033 data sharing reconsideration
The CFPB is seeking public comment on the costs and challenges of enforcing the Dodd-Frank Act’s data sharing requirements as...
ABA, associations seek financial institution exemption in possible comprehensive federal data privacy law
ABA joined six associations in requesting that House lawmakers exempt financial institutions from any national multi-sector data privacy law as...
Treasury Department seeks feedback on stablecoins, illicit activities
The Treasury Department issued a request for comment on stablecoin implementation, particularly on tools or strategies that financial institutions can...
Fed to end separate supervision program for crypto, fintech activities
The Federal Reserve will sunset a program started in 2023 to supervise bank activities related to cryptocurrencies and financial technology...
CFPB to repropose rules on small business lending, data sharing
The CFPB plans to propose rulemaking on small business lending data collection and consumer data sharing before the end of...
