New report, webinar explore trusted digital identities in financial services
The American Bankers Association and management consulting firm Oliver Wyman today released a new report that provides a framework for...
Newsbytes
Survey finds mixed public attitudes on cryptocurrency regulation
Only two in five people see the U.S. lagging behind other countries in creating a regulatory environment that makes it...
ISM Manufacturing contracts in October
The ISM Manufacturing Index registered 50.2% in October; 0.7 points lower than September’s reading of 50.9%. This figure indicates the...
Construction spending increases in September
Construction spending was at a seasonally adjusted annual rate of $1,811.1 billion in September, 0.2% above the revised August estimate...
M&A News: Peoples in Ohio to buy Limestone in Kentucky
Peoples Bancorp in Marietta, Ohio, has agreed to buy Limestone Bancorp in Louisville, Kentucky.
Poll: Small businesses remain optimistic amid economic uncertainty
Small-business owners are optimistic about their prospects even though many report facing affordability challenges and external pressures on their operations,...
FinCEN report: Ransomware filings more than double from 2020 to 2021
The value of ransomware-related BSA filings in 2021 approached $1.2 billion—a 188% increase compared to the previous year.
FHFA plans competitions to seek fintech housing finance solutions
The Federal Housing Finance Agency plans to hold a series of “tech sprints” to solicit input on financial technology solutions...
ABA cautions against opening FHLB System to nonbank entities
Allowing newer, nonbank entities access to the Federal Home Loan Bank system would introduce significant risk, given that they do...
International task force updates lists of countries with AML deficiencies
The Financial Action Task Force has updated its lists of jurisdictions with strategic AML/CFT/CPF deficiencies, the Financial Crimes Enforcement Network...
