Housing Starts Jump to Highest Level Since 2007
Housing starts in April rose to a seasonally adjusted annual rate of 1.135 million, 20.2 percent above the revised March...
Newsbytes
ABA Welcomes Proposal Requiring Legal Entity IDs on Forms
ABA today welcomed the Federal Reserve’s proposal to require banking organizations to include their current 20-digit legal entity identifiers on...
Op-Ed: Credit Unions a ‘$1 Trillion Tax-Exempt Cash Cow’
Many credit unions are functionally no different from banks and the time has come for them to pay taxes, Florida...
NACHA Finalizes Same-Day ACH Settlement
NACHA, the electronic payments association, today announced that its members voted to finalize a rule change that will accelerate ACH...
DOL Will Enforce FMLA Same-Sex Spouse Rule Where Not Enjoined
Last month, we advised readers that a Texas federal district court had enjoined the Department of Labor from enforcing its...
FinCEN Underscores Culture of Compliance at BSA Conference
In remarks at the 2015 Bank Secrecy Act Conference in Las Vegas, Nevada on June 18, the Financial Crimes Enforcement...
Helping Customers Avoid a ‘Card Cracking’ Scam
An ABA infographic offers tips to help bank customers avoid becoming accomplices in a growing “card cracking” scam.
SEC Releases Frequently Asked Questions on Money Market Funds
The SEC has released a series of frequently asked questions on its 2014 reforms of money market mutual funds. The...
Financial Services Firms to Increase Risk Management Investment During Next Two Years
According to Accenture’s recently released 2015 Global Risk Management Study, nearly 9 in 10 financial services firms plan to increase...
MasterCard Settlement Acceptance Deadline is Wednesday
The deadline for MasterCard-issuing banks to determine whether they will accept the network’s $19 million settlement with Target related to...
