Treasury solicits public input on digital asset development
The request follows an executive order directing agencies to report on the implications of the development and adoption of digital...
Technology
Podcast: A community bank CEO’s perspective on cloud migration, climate risk
Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as...
The challenge of financial fraud detection two years into a pandemic
The most sophisticated and user-friendly method for blocking credential stuffing attacks is to use behavior-based detection and blocking.
Basel tweaks proposed cryptoasset treatment, adopts certain ABA recommendations
The Basel Committee on Banking Supervision today issued its second consultation on the regulatory treatment of digital assets, including cryptocurrencies.
ABA: Digital asset regulation must support, not hinder private-sector innovation
As U.S. policymakers consider how to regulate digital asset technologies, ABA called on them to “remain vigilant and deliberate” to...
Controlling risk and compliance: It takes a system
Without collaboration between compliance teams and investment professionals, banking teams waste precious time that may result in missing opportunities.
ABA, trade groups cite ‘serious concerns’ with ADPPA
While underscoring their full support for consumer data privacy and security, they noted that their members have been subject to...
Fed closely tracks crypto, Powell tells Senate Banking Committee
Powell added that he does not foresee a recession in the near term, emphasizing the strong economy and businesses "in...
Fed report: Banks resilient in face of financial market pressures
Financial market stresses do not appear to have exacerbated the negative effects on broader economic activity or created substantial pressure...
Basel Committee finalizes principles for managing climate-related financial risks
The Basel Committee on Banking Supervision yesterday issued a final set of principles in its consultation on the effective management...
