FTC: Social Media Scams Accelerate in First Half of 2020
Scams that start on social media have been increasing for years and climbed from $134 million total reported losses in...
Newsbytes
Fed’s Brainard Warns Economy’s Biggest Risk is Lack of Fiscal Support
Federal Reserve Governor Lael Brainard today warned that the biggest risk to the economy, aside from the course of the...
ABA, Groups Urge Congress to Bolster Cyber Information Sharing
A coalition of trade groups from the financial, business, and critical infrastructure sectors—including ABA—yesterday urged Congress to improve intelligence sharing...
ABA Foundation, FTC Partner for Impostor Scam Information Campaign
The ABA Foundation, in collaboration with the Federal Trade Commission, released a new infographic today to educate consumers on impostor...
ABA Foundation Awards Seven Community Commitment Awards
The ABA Foundation today recognized seven banks for their outstanding commitment to their communities.
George Bailey Award Co-Winners Recognized for Financial Inclusion Work
The ABA Foundation today awarded its sixth annual George Bailey Distinguished Service Award to co-winners Alex Fennoy and Detra Miller.
CFPB Finalizes Extension to GSE QM Patch
The CFPB today finalized a rule extending the temporary “GSE patch,” which grants QM status to loans eligible to be...
ABA Backs FDIC’s Proposed New Exam Appeals Process
ABA and the Bank Policy Institute jointly backed the FDIC’s proposed new independent Office of Supervisory Appeals in a letter...
FDIC Provides Temporary Audit Relief for Banks with COVID-Bulked Balance Sheets
For banks that have experienced rapid and possibly short-term inflows of assets and deposits during the coronavirus pandemic, the FDIC...
Following ABA Petition, Regulators Move to Codify Statement on Guidance
In response to a 2018 petition from ABA and the Bank Policy Institute, the federal banking agencies today issued a...
