Bill would create regulatory labs for financial institutions to test AI
A bipartisan group of senators and House lawmakers introduced a bill to create regulatory “sandboxes” for artificial intelligence test projects...
Technology
White House task force releases recommendations for crypto policy
A White House task force released a report on strategies to strengthen U.S. leadership in digital assets, including policy recommendations...
Court pauses lawsuit over Section 1033 data sharing rule
A federal court granted a stay in a lawsuit challenging the CFPB’s financial data sharing rule after the bureau requested...
Report: More states creating restrictions on crypto ATMs
A growing number of states have enacted or are considering new regulations on cryptocurrency ATMs to crack down on fraud...
Reducing risks with expanding cloud deployment
Key outcomes from ABA and Financial Services Coordinating Council efforts to engage cloud service providers in cybersecurity and resilience challenges.
ABA, associations push back against fintech, retailer claims on data sharing rule
ABA joined four banking and credit union associations in correcting the record about several falsehoods made by financial technology and...
White House releases AI action plan
The Trump administration released an “action plan” for spurring the development of artificial intelligence technologies.
ABA, associations seek revisions to data breach standards for investment companies, advisers
The SEC needs to provide more clarity and guidance about recent amendments to its data breach standards for investment companies...
ABA offers fixes for small-business lending data collection rule
In a letter, ABA said it is pleased with the CFPB's proposal to revise its small-business lending data rule and...
ABA, associations urge OCC to postpone crypto firm applications for bank charters
ABA joined four banking and credit union associations in raising concerns about a push by digital asset firms to establish...
