ABA urges accounting standards body to appropriately scale objectives, inspections
As the Public Company Accounting Oversight Board considers modernizing its standard-setting and enforcement operations, the board should ensure its objectives...
Newsbytes
FinCEN, banking agencies release FAQs on digital credentials, customer ID
Financial institutions may use a mobile driver’s license or other government-issued virtual ID as a form of documentary verification for...
New York Fed: Inflation expectations ticked down in August
Consumer inflation expectations in August decreased slightly at the medium-term horizon and remained unchanged at the short- and longer-term horizons,...
ABA, associations urge FHA to provide clear language about eligibility for VA loan terms
ABA joined five associations in urging the Federal Housing Administration to provide clear language about eligibility for VA loan terms,...
FinCEN issues alert on Iran, commercial aviation parts procurement
FinCEN issued an alert for financial institutions on identifying and reporting procurement networks supporting Iran’s aviation industry. The alert was...
Consumer credit increased a seasonally adjusted annual rate of 4.2% in July
Consumer credit increased at a seasonally adjusted annual rate of 4.2% in July. Total outstanding credit increased to $5,186.2 trillion...
ABA DataBank: Small-business optimism cools in August, remains above average
ABA economists believe that small-business owners remain cautiously optimistic amid a mixed operating environment and that conditions could lead to...
FCC proposes ‘robocall scorecard’ to rate voice service providers
The FCC is seeking public comment on creating a “robocall scorecard” to measure how voice service providers are protecting consumers...
IRS to issue final rule on auto loan deduction
The IRS will issue a final rule to implement a new tax deduction for certain automobile purchases, according to a...
Consumers share experiences with AI-enabled scams
More than two in five U.S. consumers said they have encountered a scam powered by artificial intelligence, either personally or...
