Report: Debit card skimming declined in 2024
While the majority of debit card compromises still occur at nonbank ATMs, bank ATMs currently represent 27% of compromise locations,...
Newsbytes
Senate approves resolution to overturn OCC bank merger rule
The Senate voted in favor of a resolution to overturn a 2024 final rule that changed how the OCC reviews...
CFPB to deprioritize enforcement of buy now, pay later rule
The CFPB will not prioritize enforcement of a 2024 rule defining lenders who provide buy now, pay later products as...
Consumer credit increased 2.4% in March
Consumer credit increased at a seasonally adjusted annual rate of 2.4% in March, the Federal Reserve reported.
OCC clarifies bank authority to engage in crypto custody
The OCC said banks are free to engage in cryptoasset custody and execution services as long as such activities are...
Fed holds rates steady, sees higher inflation risks
The FOMC will hold the target range for the federal funds rate at 4.25%-4.5%. It also judged that the risks...
ABA’s Nichols makes Washingtonian list of most influential people in policy
ABA President and CEO Rob Nichols has been named to Washingtonian magazine’s list of “Washington D.C.’s 500 Most Influential People...
ABA: SEC should provide clarity to examiners on transfer agent notification rule
SEC examiners are enforcing a rule governing transfer agent notifications in ways that unduly burden industry and undermine the commission's...
First National Bank of Omaha to buy parent of Country Club Bank in Missouri
First National Bank of Omaha in Nebraska has agreed to buy CCB Financial in Kansas City, Missouri.
Senate Banking Committee advances Bowman nomination
The Senate Banking Committee voted along party lines to advance the nomination of Federal Reserve Governor Michelle Bowman to be...
