Regulatory arbitrage in the payments system is risky business
Innovation that puts the payment system at greater risk isn’t “disruption.” It’s an unforced error that the Fed can and should easily avoid.
Browsing: ABA Viewpoint
Without ECIP Fix, Many Eligible CDFIs, MDIs Will Be Left Out of Key Investment Opportunity
Time is running out for the Federal Reserve to make a simple but critical fix to ensure infusions of funds reach disadvantaged communities.
Connecting Community Banks to Promising Fintech Partners: Why ABA Is Investing (Again) in Canapi
To encourage bank-driven innovation and connect banks with innovating entrepreneurs to tackle banking’s toughest problems, ABA will invest in Canapi Ventures’ second fund and serve as a critical link between Canapi and the nation’s community banks.
Beyond the Headlines on CECL’s Early Results
Credit loss estimation is complicated, and CECL’s lifetime loss objective makes it even more so. While a robust quantitative impact study is still needed, this study suggests the countercyclical regulatory transition mechanism should be made permanent.
Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency
As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks are responding to this new customer demand.
The Myth of the Disappearing Bank Branch
A Cleveland Fed report finds that—despite consolidation—bank branch proximity has remained stable and, in some cases, improved.
Getting Proactive about Diversity, Equity and Inclusion
By Scott Anderson ABA Viewpoint For the past year and a half, the conversation about…
Letting the IRS Into Your Bank Account: Separating Fact from Fiction
The IRS reporting proposal is not the way to address the tax gap. Most Americans agree, and as more of them learn the details, we expect that number will grow.
When the Truth About Credit Unions Hits Close to Home
The unequal tax treatment of credit unions is driving acquisitions of community banks—making it more attractive in many instances for a bank to choose a credit union as its buyer.
Time’s Up: Congress Must Stop Credit Union Purchases of Taxpaying Banks
The trend of credit unions buying taxpaying community banks is back—and credit unions are becoming more aggressive than ever in their pursuit of acquisition targets.