ABA commends FCC enforcement action targeting bank impersonation calls
ABA commended the FCC for proposing to impose a forfeiture on U.S. voice service provider Voxbeam Telecommunications for transmitting foreign-originated...
Technology
Beyond the swipe: Surfing the waves of change in the debit industry
Consumer preferences, emerging technology and merchant incentives have altered the debit market.
States tighten reins on ‘crypto ATMs’
In recent months, multiple states have proposed and passed laws to tighten restrictions on convertible virtual currency kiosks, with Indiana...
Proposed rule would give states ‘wide latitude’ to set stablecoin regulation
The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be...
Bank surveys find consumers increasingly turning to AI for financial advice
Separate surveys by Wells Fargo and TD Bank found that an increasing number of people are turning to AI for...
Rep. Hill: Expect CFPB reforms later this year
House lawmakers and the Trump administration are planning to bring forward a series of reforms later this year to address...
ABA survey: Banks view doing nothing with AI as greatest risk
While many banks are cautious about adopting artificial intelligence, most view doing nothing as the greater risk, as they fear...
Rep. Waters seeks details from Fed about Kraken decision
House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) asked the Kansas City Fed to provide more information about its...
FSSCC releases additional AI resources for financial institutions
The Financial Services Sector Coordinating Council has released the final four of six resources to help the financial services sector...
ABA outlines national strategies for fighting fraud, scams
ABA presented lawmakers with a national blueprint for fighting fraud and scams, which included requiring telecommunications and social media companies...
