ABA, trade groups urge further scrutiny of big tech payment platforms
The Consumer Financial Protection Bureau should continue to increase its oversight of “big tech” payment platforms until all consumers are...
Technology
Nichols: FTX crash shows need for consistent regulatory treatment across finance
The collapse of cryptocurrency exchange FTX and other recent turmoil in crypto markets demonstrate the need for players in the...
Reimagining the banking experience with enhanced connectivity
The networking infrastructure found in many banks is not built to handle remote workforces, multiple video meetings or online banking.
ABA: Exclude ATMs, bank devices from accessibility rulemaking
The American Bankers Association on Tuesday asked the federal agency responsible for developing technical accessibility standards to exclude ATMs and...
Survey: Younger investors drawn to wealth management apps
Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct...
ABA urges FTC to consider positive aspects of consumer data collection
As the Federal Trade Commission explores a rulemaking to govern the collection of personal data for commercial purposes, it should...
Treasury report: Fintech requires more oversight to prevent abuses, protect consumers
According to the report, while fintech firms enable new capabilities, they also create new risks related to data privacy and...
ABA, trade groups comment on proposed cyber incident reporting regulation
The American Bankers Association and three financial industry trade groups on Monday called for the Cybersecurity and Infrastructure Security Agency...
CFPB issues bulletin charting consumer cryptoasset complaints
Consumers most commonly reported being victimized by fraud, theft, account hacks and scams.
ABA survey: Customers happy with digital banking experiences
Ninety-nine percent of consumers rated their bank’s online and mobile app experience as “excellent,” “very good” or “good,” tying a...
