ABA warns against CBDC adoption
A central bank digital currency is unnecessary in the U.S. and would present unacceptable risks and costs to the financial...
Technology
ABA report: Most banks report active social media engagement
Nine in 10 banks (89%) believe social media is important to their banks and 88% are very or somewhat active...
Podcast: Accelerating bank innovation in the months ahead
There's a lot going on in the innovation space in banking. On the season seven premiere of the ABA Banking...
Barr says Fed ‘a long way’ from decision on CBDC
The Federal Reserve is “a long way” from deciding whether to proceed with a central bank digital currency and would...
Regulators to study copyright issues raised by AI
The U.S. Copyright Office will study copyright law and policy issues raised by the use of artificial intelligence systems, according...
NIST seeks feedback on quantum computing cybersecurity standards
The National Institute for Standards and Technology published draft post-quantum cryptography standards that are designed as a global framework to...
Report: Synthetic identity fraud on rise
Synthetic identity fraud continues to be among the most prevalent tactics used by fraudsters to target lenders, with both incidences...
CFPB developing rules for information collected by data brokers
The CFPB is developing rules to prevent “misuse and abuse” by data brokers that track, collect and monetize information about...
ITMs’ role in bank digital transformation
Assessing the business cases for—and against—investments in interactive teller machines.
Fed announces new supervisory program for crypto, nonbank partnerships
The Federal Reserve announced that the banks it supervises must first receive a written notification of supervisory nonobjection from the...
