CFPB clarifies plans to recognize standard-setting organizations
Before the CFPB finalizes its proposed rulemaking on personal financial data this fall, it will first codify what attributes an...
Technology
Compliance meets AI: A banking love story
Banks are at preliminary stages in evaluating generative AI. But areas of early adoption are customer services, analyzing data and...
How to harness the coming leaps in bank innovation
AI or not, “data readiness” is the first step to putting bank data to work.
Survey: Consumers value fraud protection when seeking financial services
More than two out of three consumers list good fraud protection as a top priority when choosing a new financial...
Report: Distributed denial-of-service attacks against financial sector increased in 2023
More than one-third of distributed denial-of-service attacks in 2023 were aimed at the financial services industry, which surpassed the video...
Fintech startup focused on asset risk builds bank advisory board, gets Citi Ventures funding
The company's technology is designed to align with the U.S. financial sector's push to diversify loan portfolios—particularly highlighted by risks...
ABA supports resolution to overturn SEC crypto custody policy
ABA said it supports a proposed House joint resolution expressing congressional disapproval of a SEC policy on safeguarding cryptoassets.
Survey: Most bank customers hesitant about using AI
Most bank customers are hesitant to use artificial intelligence to help manage their money, according to the most recent bank...
ABA urges FCC to take steps to stop illegal texts impersonating banks
ABA and six associations urged the Federal Communications Commission to take additional action to combat text messages sent by bad...
NIST releases updated cybersecurity framework
The National Institute of Standards and Technology released version 2.0 of its Cybersecurity Framework, a guidance document for helping organizations...
