Regulus — The global regulatory broadcast network

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 15 claims 04 Nov 2026

ABA Fraudcast episode examines romance scams with a Tinder Swindler victim

The American Bankers Association's Fraudcast turns to romance scams in its latest episode, featuring a victim from the Netflix documentary The Tinder Swindler alongside a behavioral-science practitioner who builds anti-fraud training. For fraud and financial-crime leads, it is a short listen on consumer-facing scam prevention and the human factors that let these frauds succeed.

The episode features Ayleen Charlotte, a victim of the romance scam detailed in the Netflix documentary The Tinder Swindler, who founded a scam-awareness and fraud-education program.
Pete Staffell, formerly of Santander and a developer of its Break the Spell anti-fraud program, discusses using behavioral science to build scam-prevention training.
The ABA Fraudcast is hosted by Paul Benda, EVP of risk, fraud and cybersecurity at the American Bankers Association.
The ABA directs banks to fraud-prevention resources at aba.com/fraud.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 19 claims 03 Nov 2026

California federal court dismisses $570,000 crypto scam suit against banks and Stanford FCU

A Northern District of California court threw out a suit by an anonymous couple who lost about $570,000 to a cryptocurrency scam and tried to hold eight financial institutions and nine other defendants liable. The ruling in Doe v. Stanford Federal Credit Union turns on wire-transfer preemption and the high bar for aiding-and-abetting claims against banks, and matters to any institution sued over authorized payments it processed.

The court dismissed claims against SFCU, CFSB, CFG, Currency Cloud and Mercury Advisory without leave to amend and ordered the case closed.
Division 11 of the California Commercial Code preempts state-law claims based on how institutions processed or accepted the wire transfers.
The plaintiffs authorized seven wire transfers totaling about $570,000 between July 30 and Aug. 2, 2024, and even requested faster processing, defeating their unauthorized-transfer claim.
Aiding-and-abetting fraud claims against the institutions that received or processed the funds failed because plaintiffs alleged no specific facts showing those institutions knew of or helped carry out the scam.

Source document

3:22

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Prudential & Capital ✓ 10 claims 03 Nov 2026

FDIC offers regulatory relief to Indiana and South Dakota banks hit by storms

The FDIC has published guidance setting out steps to ease regulatory burdens on banks serving storm-hit areas of Indiana and the Pine Ridge Reservation in South Dakota. It covers borrower workouts, Community Reinvestment Act consideration and relief from certain filing requirements. A short, standard disaster-response notice that compliance teams in the affected footprints should log.

The FDIC issued the guidance on 2 November 2026 for storm-affected areas of Indiana and the Pine Ridge Reservation in South Dakota.
Banks are encouraged to extend repayment terms, restructure existing loans or ease terms for new loans for affected borrowers.
Community development loans, investments and services supporting disaster recovery may receive favorable Community Reinvestment Act consideration.
The FDIC said it will consider relief from certain filing and publishing requirements.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Conduct & Consumer ✓ 18 claims 02 Nov 2026

Banks urged to treat business succession as a marketing growth lever

This piece from ABA Banking Journal argues that banks should use internal data to identify business clients nearing ownership transition and build targeted marketing campaigns around succession, rather than treating it purely as relationship risk. It sets out criteria for identifying exposure, engagement tactics and metrics for measuring success.

More than 2.3 million Baby Boomer-owned businesses are expected to transition ownership over the next decade, according to the article.
The author proposes three screening criteria for banks: owner age 55 or older, industry transferability difficulty, and likelihood of a financing need.
Recommended outreach channels include email campaigns, treasury platform messaging, industry-specific landing pages, guides, webinars and events.
For prospecting beyond existing customers, the article suggests LinkedIn campaigns targeting owners and senior decision-makers plus paid search capturing succession-related research.
Suggested success metrics include meetings generated with business owners, transition-related financing inquiries, acquisition loans booked, deposits retained, wealth management introductions and net-new commercial relationships.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 12 claims 30 Oct 2026

FinCEN issues alerts on cross-border payment risk and charity exploitation

FinCEN published two separate documents on the same day: an alert on suspicious activity linked to cross-border payments through money services businesses, and a notice on exploitation of charities and nonprofits. Compliance teams handling SAR filing and nonprofit account risk-rating should review both.

FinCEN issued an alert on suspicious activity tied to cross-border payments involving U.S.-based money services businesses on October 30, 2026.
The alert states that MSBs' overseas money transmission relationships may give rise to potential risks to the U.S. financial system, and it lists red flags for illicit activity.
FinCEN separately issued a notice to help financial institutions identify and report suspicious activity involving exploitation of domestic and international charities and nonprofits.
The notice states the U.S. government does not view the nonprofit sector as a whole as presenting a uniform or unacceptably high risk.
FinCEN urged financial institutions to apply a risk-based approach and evaluate nonprofit organizations individually rather than treating the sector uniformly.

Source document

3:05

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Prudential & Capital ✓ 10 claims 30 Oct 2026

FDIC proposes scrapping deposit insurance recordkeeping rule for large banks

The FDIC has proposed rescinding a 2016 rule that requires large banks to maintain dedicated recordkeeping systems for deposit insurance determination after a failure. The agency says its own systems have improved enough to make the obligation unnecessary. For affected institutions this removes a specific IT and data mechanism, including automated provisional holds, that has been in place for a decade.

The FDIC proposes to rescind a 2016 rule requiring banks with at least $2 billion in deposits to maintain deposit insurance recordkeeping systems.
The existing rule also requires automated placement and release of provisional holds on liability accounts, including deposit accounts.
The FDIC says improvements in its own systems now let it promptly calculate deposit insurance coverage after a failure, making the requirement unnecessary.
The agency separately plans to revise its data retention practices to minimise the volume of sensitive information it holds.

Source document

3:22

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom AI, Technology & Data ✓ 11 claims 30 Oct 2026

ABA DataBank item flags rising AI-related credit risk, details undisclosed

The American Bankers Association's Banking Journal published a DataBank post on October 30, 2026 under the headline 'AI credit risk is rising.' The source page captured for this briefing contains only the site's navigation, related-article listing and publication date, not the substantive content of the DataBank item itself.

The item titled 'ABA DataBank: AI credit risk is rising' was published by ABA Banking Journal on October 30, 2026.
The post is categorized under the publication's Economy topic section.
The captured source text does not include the DataBank item's data, charts or analytical commentary.
Related items published the same week include an ABA letter requesting a 30-day extension on comment periods for two agency proposals on third-party risk management guidance.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 14 claims 29 Oct 2026

ABA seeks 30-day extension to comment on bank third-party risk guidance

US banking agencies have two third-party risk management proposals open for comment, with a Nov. 16 deadline. The American Bankers Association and three other groups want 30 more days, arguing early member feedback on due diligence and contracting needs fuller analysis. This covers what is on the table and why the industry wants more room before responding.

The ABA and three associations requested a 30-day extension to the Nov. 16 comment deadline on two third-party risk management proposals.
In September the FDIC, Federal Reserve, OCC and NCUA sought comment on revisions to the interagency third-party risk management guidance.
The Federal Reserve separately requested input on proposed third-party risk management guidance for community banks.
The joint letter flagged member concerns about effects on due diligence and contracting as warranting further analysis.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 16 claims 29 Oct 2026

SEC charges two entities over $130m crypto 'wealth-sharing' fraud built on false filings

The SEC has brought a civil fraud action against two Colorado-incorporated, foreign-operated entities it says used fabricated regulatory filings to lend credibility to a crypto trading scheme. The case is notable less for its size than for its method: the defendants allegedly weaponised the SEC's own public filing system, turning Form ADV and Form D submissions into marketing props that investors read as proof of approval.

The SEC alleges BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd raised more than $130 million from tens of thousands of retail investors.
The conduct ran from at least October 2025 through June 2026 and reached investors in more than 40 US states and multiple US territories.
The defendants are alleged to have filed false Form ADV and Form D documents that were publicly viewable and shared with investors as proof of SEC licensing or approval.
BG Wealth is alleged to have falsely claimed to be the world's largest hedge fund partnered with a licensed crypto platform, promising risk-free returns from 'SI-generated' trading signals.
The SEC's Office of Investor Education and Assistance has issued alerts on scammers misusing exempt reporting adviser filings to fake legitimacy.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Prudential & Capital ✓ 13 claims 28 Oct 2026

UMB to buy El Dorado Savings Bank for $506 million in cash and stock

Two bank acquisitions were announced this week, both reported by ABA Banking Journal's M&A newsbytes feed. The deals involve a large acquirer buying a community bank in California and a regional bank buying a smaller holding company in Tennessee, each pending regulatory approval and expected closing.

UMB Financial, a $70.8 billion-asset bank, will pay $506 million in cash and stock for the $2.4 billion-asset El Dorado Savings Bank.
The UMB-El Dorado deal is expected to close in the first quarter.
Renasant, a $27.5 billion-asset bank, will pay $106.3 million in stock for Commercial Holding, parent of the $1.1 billion-asset Commercial Bank & Trust.
Commercial Holding's investors will receive a $35.7 million special dividend prior to the deal closing.

Source document

3:22

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 11 claims 28 Oct 2026

21 state attorneys general sue FinCEN to restore beneficial ownership reporting

A coalition of 21 Democratic state attorneys general is challenging the rollback of beneficial ownership reporting under the Corporate Transparency Act. The suit asks a federal court in Oregon to vacate FinCEN's August rule, halt the planned deletion of data already filed, and force the agency to resume collection. For compliance teams, it reopens a question many treated as settled.

Twenty-one Democratic state attorneys general filed suit in Oregon to reverse FinCEN's rollback of beneficial ownership reporting.
In August, FinCEN finalized a rule removing the BOI reporting requirement for US companies and persons under the Corporate Transparency Act.
FinCEN also announced plans to delete previously reported information from the BOI database.
The lawsuit asks the court to vacate the rule, retain previously reported BOI, and order the agency to resume collection.
The plaintiffs argue the rule exempts all domestic companies, over 99.9% of the entities originally required to report, and amounts to repealing the act by rulemaking.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 17 claims 28 Oct 2026

ABA's new chair Cathy Owen names digital assets, fraud and cyber as 2026-27 priorities

The American Bankers Association profiles Cathy Owen, its 2026-27 chair and head of Arkansas-based Eagle Bank & Trust. Beyond the personal narrative, the piece sets out the three issues she intends to drive during her term: navigating the digital asset marketplace, and combating fraud and cybersecurity threats. For compliance leaders, it signals where the industry's largest trade body will focus its advocacy.

Cathy Owen becomes ABA chair for 2026-27, serving as executive chair of Eagle Bank & Trust and chair and CEO of its holding company.
She names digital assets as a top priority, citing goals to protect the marketplace, stay regulatorily compliant, grow thoughtfully and modernise.
Fraud and cybersecurity are also on her agenda, with an emphasis on protecting both banks and their customers.
Eagle Bank & Trust holds more than $500 million in assets and closed nearly 2,000 mortgage loans last year, all sold into the secondary market with servicing released.
Owen was the first female chair of the Arkansas Bankers Association and chaired the board that hired its first female president and CEO.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 16 claims 28 Oct 2026

Public support for CEO activism on social issues continues to slip, surveys show

A review of two new surveys on corporate and CEO activism, published in ABA Banking Journal, tracks shifting public attitudes toward companies speaking out on social and political issues. For bank leadership and communications teams, the data bears on reputational risk management around public statements.

Approximately 55% of Americans believe CEOs should be outspoken on issues, down from 65% in 2018, per Stanford/Hoover research.
The Bentley-Gallup survey found the share believing businesses should be more vocal on controversial issues ticked down to 47% in 2026.
76% of Americans said they would be less likely to purchase from a company whose CEO spoke out on a disagreeable issue, up 14 percentage points from 2018.
62% of respondents could name a product or service they use less because of disagreement with a CEO's public stance, versus 40% who use one more for that reason.
Issues with lowest public support for business statements were religion (16%), abortion (22%), political endorsements (23%) and international conflicts (33%).

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 10 claims 28 Oct 2026

ABA sets strategy to help banks navigate tokenized money

This item covers remarks by ABA President and CEO Rob Nichols opening the 2026 ABA Annual Convention, in which he outlined the association's plan to support member banks on tokenized money. Compliance and digital asset teams at smaller banks should note the resource gap Nichols flagged and what ABA is offering to close it.

ABA President and CEO Rob Nichols outlined the strategy in remarks opening the 2026 ABA Annual Convention in Salt Lake City.
ABA will serve as the banking industry's "on-ramp," positioning itself as a primary source of education, guidance and practical support on tokenized money.
ABA will also act as a "trusted convener," bringing industry participants together and advocating for fair, equitable access to tokenized money infrastructure.
Nichols said many banks lack the resources, expertise or market visibility available to larger institutions when it comes to tokenized money.
Further information is being made available at aba.com/TokenizedMoney.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 11 claims 28 Oct 2026

ABA backs Nacha proposal to formally define 'banking day' in ACH rules

Nacha has proposed writing a formal definition of 'banking day' into its operating rules, replacing reliance on whether a bank is physically open. ABA's comment letter backs the change, arguing it modernizes how settlement timing is measured across the ACH Network. Relevant for payments and operations teams tracking ACH rule changes.

Nacha proposed defining 'banking day' as a calendar day other than a Saturday, Sunday or federal banking holiday in the United States.
The proposal would replace references to 'date' with 'banking day' in the definition of 'settlement date'.
The term 'business day' would be eliminated from that section of Nacha's rules.
ABA submitted a letter urging Nacha to adopt the proposal, citing greater certainty, consistency and operational fairness.
Current practice relies on an understanding that 'banking day' means Monday through Friday excluding federal holidays, according to Nacha.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 11 claims 28 Oct 2026

Outgoing ABA chairman urges bankers to advocate, innovate and partner

A short recap of the American Bankers Association's outgoing chairman's farewell speech, summarising a year of association priorities including bank regulation, digital assets, fraud and AI. Useful for tracking the trade group's stated advocacy agenda heading into the next leadership term.

Kenneth Kelly, chairman and CEO of First Independence Bank in Detroit, delivered his final speech as ABA chairman on October 26, 2026.
Kelly cited ABA-led efforts including a push to right-size bank regulation and advocacy for digital asset rules that maintain a level playing field between banks and crypto companies.
He also highlighted ABA's work helping banks fight fraud, plus initiatives around artificial intelligence and workforce development.
Kelly closed by urging bankers to 'advocate, innovate, and partner' in the months ahead.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 18 claims 28 Oct 2026

Eighth Circuit strikes down Fed's debit card interchange fee cap

A federal appeals court has struck down the Federal Reserve's 15-year-old Regulation II, which capped debit card interchange fees. This affects how banks with over $10 billion in assets calculate swipe fees, and the Fed must now rewrite the rule. Compliance and payments teams should track the Fed's response.

The Eighth U.S. Circuit Court of Appeals struck down the Fed's Regulation II debit card interchange fee structure, adopted in 2011.
The ruling upholds a lower court decision from August 2025 in which Judge Daniel Traynor found the Durbin Amendment bars the Fed from considering costs beyond incremental authorization, clearance or settlement.
Under the current rule, institutions with more than $10 billion in assets can collect 21 cents per debit transaction plus 0.05% of the transaction amount and an additional cent for fraud prevention.
The court ordered the Fed to rewrite the rule because it improperly allowed banks to include costs such as fraud prevention in swipe fee calculations.
A separate federal appellate court is considering similar questions in the Linney's Pizza case, where the district court upheld the Fed's rule.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom AI, Technology & Data ✓ 16 claims 27 Oct 2026

Fannie Mae sets 36-hour cyber reporting window, renames AI 'super intelligence'

Fannie Mae has revised its artificial intelligence and cybersecurity requirements through Supplemental Bulletin 26-01, which becomes effective on Jan 18. The update introduces a 36-hour incident reporting window, new controls for what it now calls 'super intelligence' systems, and a reshaped set of business continuity obligations. It matters to any lender or servicer that does business with the GSE and manages third-party technology risk.

Supplemental Bulletin 26-01 becomes effective on Jan 18 and renames all AI references to 'SI', for super intelligence, per the Trump administration's preference.
Companies must report cybersecurity incidents to Fannie Mae within a 36-hour window, including event date, actions taken and whether operations were suspended.
New SI requirements cover risk assessments, data governance standards, model training and testing controls, and monitoring for security risk.
Unlike Freddie Mac, Fannie Mae does not require an indemnification agreement, but the bulletin makes companies responsible for third-party vendor compliance.
The update removes the annual threat risk assessment, the fourth-party vendor contingency requirement and the obligation to formally socialise continuity plans with leadership.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom AI, Technology & Data ✓ 18 claims 27 Oct 2026

ABA survey finds most U.S. consumers wary of letting AI agents move their money

The American Bankers Association released Morning Consult polling at its 2026 Annual Convention gauging consumer attitudes to agentic AI in banking and to pending digital asset legislation. The numbers arrive as banks weigh how to handle AI agents seeking account access, and as Congress revisits the stalled Clarity Act. For compliance and policy teams, it signals where the ABA will press lawmakers and supervisors next.

The survey reports 79% of adults say consumers should not be required to share online banking usernames and passwords with an AI tool, and 80% think a bank should be able to tell whether it is dealing with a customer or the customer's AI agent.
Seventy-seven percent are concerned about giving an AI tool permission to move money or make payments, and only 27% say they are likely to use an AI agent to autonomously manage cash balances in the next 12 months.
Nineteen percent say an AI agent has already asked them for login credentials or card numbers, and 74% say they care whether the business handling their finances is held to the same legal requirements as a bank.
On digital assets, consumers by a five-to-one margin (66% vs 14%) want Congress to be cautious, and 61% support prohibiting crypto firms from offering interest-like rewards on stablecoins if they could draw deposits from local banks.
Consumer digital asset adoption remains low in the survey: 17% currently own digital assets, 30% have ever owned them, and 59% say they are not relevant to daily financial life.

Source document

3:06

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Conduct & Consumer ✓ 19 claims 26 Oct 2026

FCC narrows TCPA 'revoke all' rule, easing bank fraud and alert messaging

The FCC has set a Nov. 25, 2026 effective date for two changes to its Telephone Consumer Protection Act rules that bear directly on how banks contact customers by phone and text. The revisions narrow the 2024 'revoke all' interpretation and loosen a 2015 condition limiting fraud and security alerts to customer-provided numbers. This item covers what changes, the conditions attached and what compliance teams should adjust.

The revised 'revoke all' rule and 'provided number' condition take effect Nov. 25, 2026, based on publication in the Federal Register.
Callers may now interpret a revocation as applying only to the message category it targeted, but must give notice of how revocation will be construed and may designate an exclusive means of revocation.
The 'provided number' condition is loosened so exempted fraud and security alerts can go to numbers obtained from a 'reliable source,' including a spouse or authorized family member, the customer calling the bank, or records from another financial institution.
The FCC voted 3-0 last month to adopt the revisions, which the ABA, the National Consumer Law Center and ACA International jointly proposed in June.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 23 claims 26 Oct 2026

ABA survey finds Americans trust banks most to fight fraud, back action on telecoms

The American Bankers Association released a Morning Consult survey at its 2026 Annual Convention showing consumers trust banks over government, fintechs and crypto firms to protect them from fraud. The headline numbers serve a policy argument: large majorities back legislation and regulatory action aimed at social media platforms and telecom carriers. Useful for anyone tracking where scam liability pressure is heading.

By a five-to-one margin over the next sector, 44% of U.S. adults chose banks as most trusted to protect against fraud, ahead of government at 8% and cryptocurrency companies at 1%.
79% support federal legislation requiring social media companies to identify and remove fake accounts and fraudulent ads, which the ABA links to the bipartisan SCAM Act in Congress.
82% support regulatory action requiring telecoms to authenticate caller identity and prevent spoofed caller IDs, and 76% back more FCC funding for enforcement against carriers that allow fraudulent calls.
83% of bank customers said their bank takes proactive steps against fraud, and of the 52% who received a fraud alert, 95% found it valuable.
85% of Americans with a bank account say they are satisfied with their primary bank and 73% call banks a source of strength for the U.S. economy.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 12 claims 26 Oct 2026

ABA podcast: how bankers can proactively manage core technology providers

The ABA Banking Journal Podcast features Steve Lewis, president and CEO of Thomaston Savings Bank and a member of ABA's Core Platforms Committee, on managing relationships with core technology providers. For compliance and operations leaders responsible for vendor oversight, it is a short, practical account of where a bank retains leverage even against a provider with significant market power.

Steve Lewis recommends that bankers review and reconcile bills from their core providers.
He advises monitoring for service-level agreements with the core provider.
He recommends meeting regularly at executive level with the core provider to understand its strategic roadmap and how it corresponds to the bank's own roadmap.
Lewis says technology is not the strategy and that banks should define what they want to deliver to clients before integrating the technology to do it.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 16 claims 26 Oct 2026

ABA economists warn yield-only view of deposits understates their bundled value

The American Bankers Association's Office of the Chief Economist makes the funding-stability case against competing for deposits on yield alone. The essay matters because it frames how the ABA will argue to policymakers as stablecoins, crypto platforms and AI agents lower switching costs and reduce deposits to a single comparable number: the interest rate.

The essay argues a bank deposit is a bundled service contract combining interest with payments access, deposit insurance, fraud monitoring, dispute resolution and guaranteed par convertibility, not a pure yield product.
It states stablecoin products do not provide the same combination of federal deposit insurance, supervision, customer protection and credit intermediation as an insured deposit, and that higher crypto yields may reflect higher risk.
The authors warn that raising deposit rates to compete solely on yield could raise the cost of credit, reduce credit supply and, per empirical research cited, materially raise default probabilities during stress.
It cautions that AI agents optimized for yield may treat deposits, stablecoins and other cash-like instruments as interchangeable despite differing protections and functions.
The essay says deposits migrating to stablecoins would be invested primarily in short-dated Treasury bills, removing funds from direct support of bank lending.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 19 claims 26 Oct 2026

ABA to livestream parts of 2026 annual convention from Salt Lake City

The American Bankers Association is livestreaming selected general sessions from its 2026 Annual Convention, running Oct. 26-27 in Salt Lake City. Compliance and policy teams tracking the association's stance on tokenized deposits, bank hiring data, the 2027 economic outlook and fraud prevention may want the schedule rather than the recap.

ABA will livestream portions of its 2026 Annual Convention general sessions on Monday, Oct. 26 and Tuesday, Oct. 27, in Salt Lake City via its X handle @ABABankers.
Monday's 10:25-11:05 a.m. block covers ABA's approach to tokenized money, the BankChain Alliance's tokenized deposits work, and The Clearing House CEO David Watson on lessons from real-time payments.
Tuesday's annual business meeting at 10-10:15 a.m. will elect the 2026-2027 officers and board, followed by incoming chair Cathy Owen's address.
U.S. Bank chief economist Beth Ann Bovino will discuss the 2027 economic outlook, including inflation, interest rates, labor markets and the AI investment boom, from 10:30-11 a.m. Tuesday.
The closing Tuesday session, 11-11:30 a.m., pairs ABA's Paul Benda with Google's Keerat Sharma on combating online scams, fraudulent advertising and bank impersonation.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 13 claims 26 Oct 2026

ABA DataBank reports home purchase cancellations near record highs

The ABA's DataBank item records that home purchase cancellations are running near record highs. The note appears on the ABA Banking Journal newsroom alongside a cluster of federal housing actions and rate data, giving mortgage lenders and economists a snapshot of deteriorating conditions in the single-family purchase market.

The ABA DataBank note, dated October 23, 2026, reports that home purchase cancellations are near record highs.
The item is tagged to affordable housing and carries no cancellation figures in its published text.
Separately on the same newsroom, the 15-year fixed-rate mortgage declined to 6.68% from 6.71% the prior week, after seven weeks of gains.
A Treasury proposed rule would bar investors controlling at least 350 homes from single-family housing, with penalties from $1 million to three times the purchase price.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Conduct & Consumer ✓ 10 claims 26 Oct 2026

JD Power survey finds bank servicers beat mortgage-only sites on satisfaction

A JD Power survey compares digital customer experience scores for bank-affiliated loan servicers against mortgage-focused servicers, highlighting the role of app and website design in customer retention. Relevant for mortgage servicing and digital banking teams benchmarking channel performance.

Bank servicer apps averaged 736 out of 1,000 in satisfaction, compared with 680 for mortgage-focused servicer apps.
Bank servicer websites scored 740 versus 704 for mortgage-focused servicer websites.
92% of bank servicer website users and 91% of app users said they would continue using the channel when account management was easy and the layout organized.
Those continuation rates fell to 59% and 54%, respectively, when neither condition was met.
JD Power's Jon Sundberg said retail banking app and website best practices are translating into the mortgage servicing space.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 14 claims 23 Oct 2026

Google to verify US financial services ads using ABA bank registry

Google is expanding its Financial Services Verification program to the US and Canada, using an American Bankers Association registry to confirm advertisers are legitimate banks. The move follows years of ABA pressure on platforms to curb impersonation scams, and sets a new gatekeeping step banks will need to clear before running ads.

Google will expand its Financial Services Verification program to the US and Canadian markets starting early next year.
The verification program is currently operating in 42 countries, according to Google's blog post.
Financial services firms will need to seek verification through the program before advertising on Google.
Google will use an American Bankers Association registry to verify authorized banks before ads run in the US.
Google is working with the Canadian Bankers Association on a parallel verification arrangement for Canada.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 15 claims 23 Oct 2026

US housing starts fall again in September, missing forecasts at 1.221m

The American Bankers Association's DataBank note reads the September Census Bureau housing report for banks with mortgage and construction exposure. Starts fell for the month, missed market expectations and ran below a year ago, continuing a decline the ABA traces to a 2022 peak. The single forward-looking positive is multifamily permitting. This is a short indicator piece, useful for pipeline and credit-demand context.

September housing starts were 1.221 million SAAR, below the 1.305 million market expectation and 5.2% under the revised August figure of 1.288 million.
The September reading was 7.4% below the September 2025 rate of 1.319 million, continuing a decline the ABA dates to a 2022 peak.
Single-unit starts fell 4.6% and multiunit starts fell 6.7% for the month, while single-unit permits fell 4% and multiunit permits rose 6.1%.
Starts in the South rose 6.1% from August to 714,000, the only region up for the month.
The ABA Office of the Chief Economist cites affordability, labor shortages, input costs and elevated mortgage rates, and says residential building could remain subdued.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 33 claims 22 Oct 2026

US industrial production rose 0.7% in September as utilities surged

The Federal Reserve's September industrial production report, summarised by the ABA Banking Journal, shows headline output up 0.7% after a flat August, driven by utilities and consumer goods. Manufacturing managed only a modest gain as motor vehicle output fell. For bank economists and credit teams tracking the real economy, the composition matters as much as the headline.

Total industrial production rose 0.7% in September and stood 2.2% above its year-earlier level at 104.0% of the 2017 average.
Utilities output surged 3.5% and manufacturing rose 0.3%, while business equipment was unchanged among the major market groups.
Motor vehicles and parts output fell 3.0%, dragging on durable manufacturing, which edged up just 0.1% for the month.
Semiconductor and related electronic components output rose 28.4% in the third quarter, lifting durable manufacturing to a 3.8% annual growth rate.
Capacity utilization moved up to 76.9%, which remains 2.5 percentage points below its 1972 to 2025 long-run average.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 19 claims 22 Oct 2026

OFAC clears 125 names in sanctions overhaul, issues first PAIPA licenses

The ABA's fortnightly digest of OFAC and State Department sanctions activity through Oct. 19 covers a 125-name delisting, the first general licenses under the Protecting American Intellectual Property Act, fresh Russia, Iran and Cuba measures, an ICC-related settlement, cartel designations and Venezuela earthquake-relief authorization. Screening and wind-down obligations run in several directions at once.

On Oct. 5, OFAC removed 125 individuals and entities from its sanctions lists and updated 22 list entries to improve compliance screening.
On Oct. 19, OFAC issued PAIPA General License 1 and General License 2 and added entities to its non-SDN menu-based sanctions list.
OFAC reached a $175,015 settlement with Pegasus Worldwide Logistics over potential sanctions and reporting violations, and issued four ICC-related general licenses.
On Oct. 15, State designated Cuba's BANCO INTERNACIONAL DE COMERCIO S.A. (BICSA) under E.O. 14404 and OFAC issued Russia- and Iran-related general licenses.
OFAC issued Venezuela-related General License 60A authorizing transactions related to earthquake relief efforts and amended FAQ 1263.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 10 claims 22 Oct 2026

US retail sales rise 0.8% in September, topping forecasts

A short data note from the ABA Office of the Chief Economist on the Commerce Department's September 2026 retail sales estimate, with the trade group's read on what it means for consumer lending demand. Useful for bank economists and lending teams tracking consumer demand signals.

September 2026 retail and food services sales reached $745 billion, up 0.8% from August, exceeding the 0.3% market expectation.
August 2026 retail sales growth was revised upward to 1.3% from an initial 1.1%.
Gasoline station sales rose 6.4% in September, while sales excluding gas stations rose only 0.2%.
Retail sales were up 6.2% year over year compared with September 2025.
The ABA Office of the Chief Economist warns that sustained higher essential spending could hurt consumer loan performance.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 20 claims 22 Oct 2026

US banks turn to podcasts for marketing as listenership reaches 158 million

The ABA Banking Journal profiles how community and regional banks use podcasting as a marketing and relationship tool. It draws on practitioners at South State Bank, Sunrise Banks and the former Keystone Bank, covering why they launched, how they measure results and what separates shows that gain traction from those that stall. A short, practical read for marketing and communications leads.

RSS.com data cited in the piece puts US monthly podcast listeners at more than 158 million, about half of Americans aged 12 and over.
Grandview Research forecasts the US podcasting market will grow by about 19 percent between 2025 and 2030.
South State Bank's The Community Bank Podcast now averages about 3,500 downloads per month, up from roughly 500 at its 2020 launch.
Practitioners stress defining a target audience and keeping production lean, with Sunrise Banks describing a setup of "a Yeti mic and then some graphic designer's time."
There are approximately 4.5 million podcasts registered worldwide, making intentional promotion necessary to capture attention.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 14 claims 22 Oct 2026

Fraud now costs US financial firms $5.47 for every $1 lost, LexisNexis finds

Two industry studies quantify what fraud is costing US banks and financial services firms. LexisNexis puts the multiplier on each dollar of fraud at $5.47, up from $4 in 2021, while PYMNTS.com finds institutions now spend more than $2 to prevent every $1 that gets through. The data points to mobile channels, AI-generated techniques and a sharp divergence between large banks and fintechs.

LexisNexis finds every $1 of fraud costs US financial services firms $5.47, up from $4 in 2021.
Websites and mobile apps accounted for nearly 70% of fraud losses, and 96% of institutions reported more fraud targeting mobile channels.
Institutions estimated AI-generated techniques contributed to 19% of fraud losses in the US.
PYMNTS.com put losses per institution at $1.92 million in 2026, up 8% from $1.78 million in 2024, with prevention spend rising to $4.35 million.
Nonbank fintech firms saw fraud losses rise from $800,000 to $2.84 million per institution, while large banks cut losses by nearly half.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom AI, Technology & Data ✓ 15 claims 22 Oct 2026

Synchrony says 45 million US adults remain locked out by credit scoring

An opinion piece from Synchrony's chief credit officer makes the case that traditional credit scoring excludes tens of millions of creditworthy Americans, and describes how the firm's AI-driven underwriting system, Synchrony PRISM, uses alternative data to expand access. Compliance and risk teams tracking alternative data underwriting and consumer consent practices should note the specifics offered.

The Federal Reserve recently reported that US credit card balances rose to $1.26 trillion.
Synchrony's chief credit officer states that reliance on three-digit credit scores locks roughly 45 million US adults out of mainstream credit.
Synchrony PRISM, launched in 2018, now analyzes tens of thousands of data signals and can pull up to 9,000 data points on an applicant in real time.
In the initial phase of the OCC's Project REACh, Synchrony approved nearly 70,000 loans to individuals with no prior credit history.
More than 60% of those Project REACh borrowers reached a prime credit score within a year, according to the piece.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 12 claims 22 Oct 2026

FinCEN alerts banks to Iranian abuse of Shi'a religious charity networks

FinCEN has issued an alert to help financial institutions identify and report what it says is potential Iranian exploitation of religious charity networks, including khums payments from the global Shi'a community. It lists red flags and lands alongside fresh sanctions on a Cuban bank, both part of a campaign to isolate Iran financially.

FinCEN issued the alert on October 15, 2026 to help institutions identify and report potential Iranian abuse of religious charity networks.
The alert warns that Iran seeks to co-opt khums payments from the global Shi'a community to fund its activities.
It sets out several red flags that may indicate activity tied to Iran's abuse of religious charity networks.
The alert was issued alongside new sanctions on Cuba-based Banco Internacional de Comercio for allegedly supplying services to Iran, both part of Operation Economic Outcast.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Markets & Infrastructure ✓ 10 claims 22 Oct 2026

Household net worth rose nearly $13 trillion in Q2 2026, ABA data shows

A brief ABA DataBank item tracks household net worth through the second quarter of 2026, finding equity gains behind a sharp rise. The item is short but relevant for compliance and risk teams tracking consumer spending resilience amid labor market and price pressures.

Household net worth rose by nearly $13 trillion between the first and second quarter of 2026.
The increase was driven overwhelmingly by gains in stock prices, according to the ABA DataBank.
The ABA notes labor market momentum is slowing while households face continued price pressures.
The ABA flags that growing equity exposure in household wealth leaves consumers more vulnerable to a market downturn.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Conduct & Consumer ✓ 10 claims 22 Oct 2026

Forbright Bank survey finds millennials most likely to save regularly for emergencies

Forbright Bank's second annual savings survey breaks down how different generations build financial wellness, covering saving habits, comfort discussing money, and use of digital tools like autopay. The findings matter for banks designing financial wellness programs and products aimed at specific age cohorts.

Forbright Bank's second annual savings survey polled more than 3,200 people.
71% of millennials said they regularly contribute to an emergency fund, the highest share of any generation surveyed.
72% of Gen Z respondents reported being comfortable talking about money, versus 56% of millennials, 47% of Gen Xers and 31% of baby boomers.
Only 28% of Forbright Bank customers and 20% of general consumers said they feel comfortable talking with their children about finances.
66% of Forbright Bank customers reported autopaying bills to avoid late fees, the top-ranked money-saving action in the survey.

Source document

play

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 17 claims 21 Oct 2026

ABA names 11 winners of 2026 Emerging Leader Awards

A brief industry announcement rather than a regulatory development: the American Bankers Association has named its 2026 class of Emerging Leader Award winners. Readers in compliance or policy roles may skim this for personnel moves at member institutions rather than for any binding obligation.

ABA announced 11 winners of its 2026 Emerging Leader Awards on October 21, 2026.
Winners include a BSA, fraud and compliance vice president at Monson Savings Bank and a chief executive officer at Decatur County Bank.
Judging criteria included dedication to the profession, inventiveness, leadership skills, mentoring ability, personal integrity, tenure and academic training.
The winners will be recognized at the ABA Annual Convention, held October 25-27 in Salt Lake City.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 20 claims 21 Oct 2026

OCC finalizes stablecoin rule, drops presumption against affiliate yield deals

The OCC has finalized its rule implementing the Genius Act's framework for payment stablecoins, settling how it will police the statutory ban on issuers paying yield. The agency narrowed that prohibition rather than tightening it, dropping a presumption against affiliate arrangements. For banks worried about deposit flight to crypto platforms, this is the detail that matters, and the ABA has said so plainly.

The OCC finalized the rule on 21 October 2026 with a narrower payment-of-interest prohibition than it originally proposed, and says it expects future rulemaking on the subject.
The final rule removed proposed language that would have presumed certain transactions with affiliates and related third parties violated the yield prohibition.
The OCC said it does not believe a rebuttable presumption on the yield prohibition is appropriate while the payment stablecoin market remains nascent.
The agency also finalized a rule letting bank subsidiaries and other issuers request waivers from certain Genius Act requirements, plus the reporting forms issuers must submit.
ABA President and CEO Rob Nichols said the rule preserves the status quo for crypto platforms despite Congress's intent to protect local lending.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Governance & Accountability ✓ 16 claims 20 Oct 2026

ABA asks Treasury to soften trustee liability in Trump account rules

Treasury's August proposal sets eligibility limits for the new child retirement accounts created by last year's tax package. The American Bankers Association has written back with four specific drafting changes aimed at trustees who administer these accounts, covering retroactive status loss, monitoring burden, liquidation liability and successor transfers.

Treasury proposed regulations in August limiting Trump account investments to low expense ratio products without excessive fees or unnecessarily complex strategies.
ABA recommended preserving Trump account and IRA status when a trustee disposes of a disqualified investment and reinvests proceeds within 30 calendar days.
The proposal requires trustees to monitor eligible investments at least once every 12 months; ABA wants funds expressly approved by Treasury exempted from this requirement.
ABA recommended a safe harbor shielding trustees from liability for investment losses or market-related consequences of a required disposition, provided they act in good faith.
ABA proposed letting a successor trustee rely on a transferring trustee's documented eligibility determination until its next periodic review, no later than 12 months after the prior review, or until it has actual knowledge of ineligibility.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 14 claims 20 Oct 2026

ABA presses Treasury to tighten Genius Act stablecoin licensing rule before it is finalised

The American Bankers Association filed comments on Treasury's August proposal implementing the Genius Act, which would require digital asset providers to hold a federal or state license before issuing payment stablecoins. The ABA wants key terms defined, foreign issuers held to equivalent standards, and clear lines so that banks serving issuers are not exposed to another party's criminal liability. For anyone tracking US stablecoin regulation, this previews the fault lines before finalisation.

The ABA filed comments on Treasury's August proposed rule implementing the Genius Act's stablecoin licensing requirement.
It wants key terms defined so issuers and intermediaries cannot evade the Act's protections and prohibitions.
It asks that foreign issuers be held to substantively equivalent standards and that agencies coordinate on Genius Act regulation.
It seeks clear lines so banks providing ordinary services are not exposed to criminal liability for another party's violation.
It wants holders protected when an issuer's status changes, with notice and a clear path to redemption or divestment.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Prudential & Capital ✓ 18 claims 20 Oct 2026

Dime Commercial to Buy ES Bancshares for $58 Million; TexasBank Parent Buys Haskell Bancshares

ABA Banking Journal reports two separate community bank acquisitions announced this week: Dime Commercial Bancshares' purchase of ES Bancshares in New York, and Texas Banc Financial's purchase of Haskell Bancshares in Texas. The item gives deal size, pricing and expected closing timelines for the New York transaction, with fewer details disclosed for the Texas deal.

Dime Commercial Bancshares will pay $58 million in cash and stock for ES Bancshares, parent of the $596 million-asset Empire State Bank.
The ES Bancshares deal prices the target at 109% of tangible book value and is expected to close in the first quarter.
Texas Banc Financial, the $2.5 billion-asset parent of TexasBank, has agreed to buy Haskell Bancshares, parent of the $72.6 million-asset Haskell National Bank.
The Texas Banc Financial deal is expected to close by early next year; the purchase price was not disclosed.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom AI, Technology & Data ✓ 12 claims 20 Oct 2026

ABA Banking Journal publishes special report on bank innovation and AI governance

This segment surveys an ABA Banking Journal special report compiling six articles on bank technology trends, including core system modernization, AI adoption in wealth management, identity fraud defenses and a proposed governance framework for boards overseeing AI. It covers what the report addresses rather than new regulatory obligations.

ABA Banking Journal published the special report 'Future minded' on October 19, 2026, with a stated one-minute reading time.
The report includes an article on 'progressive modernization' for bank core systems, describing a path of continuous upgrades rather than infrequent large releases.
One article, by John Hintze, states that wealth management units are pursuing AI adoption 'carefully,' citing junior employees as a source of strong analytical ideas.
An article by Ravi Nemalikanti proposes a governance framework intended to transform AI from a risk-management concern into an institutional capability for bank boards.
A separate article by Walt Williams covers collaboration among banking, technology and government sectors to counter new technologies that lower barriers to creating false identities.

Source document

0:15

American Bankers Association — newsroom Source document ↗

Global American Bankers Association — newsroom AI, Technology & Data ✓ 12 claims 19 Oct 2026

FSB finalizes 12 sound practices for AI adoption at banks and other financial firms

The Financial Stability Board has finalized 12 'sound practices' to guide how banks and other financial institutions adopt artificial intelligence. Framed as a practical toolkit for boards and senior management, the list covers organization-wide governance and risk management across the AI lifecycle. This segment walks through what the FSB finalized, how it maps to existing cyber and third-party frameworks, and where the ABA pushed for changes.

The FSB finalized 12 sound practices for AI adoption by banks and other financial institutions on October 15, 2026.
The practices split into two groups: organization-wide AI governance, and risk management across the AI lifecycle from development to deployment.
The FSB frames the practices as a toolkit firms can tailor to their context and integrate into existing cyber and third-party risk frameworks.
The ABA in July recommended improving the machine-learning definition and reorganizing and consolidating the list to aid application at banks of all sizes.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Conduct & Consumer ✓ 17 claims 19 Oct 2026

ABA Guidance Clarifies Business-Purpose Loans Are Not Exempt Across All Lending Rules

ABA's October compliance column answers a recurring examiner question: does a business-purpose loan secured by a home automatically fall outside consumer protection rules? The answer, drawn directly from Regulation Z, X, C and B text and commentary, is no — each regulation must be checked separately, and the same loan can be exempt from some and covered by others.

Regulation Z, §1026.3(a)(1), excludes an extension of credit made primarily for a business, commercial, or agricultural purpose, and comment 3(a)-3.ii.A confirms this covers loans secured by a borrower's residence.
Regulation X, §1024.5(b)(2), exempts business-purpose loans from RESPA coverage and allows lenders to rely on the Regulation Z determination.
Regulation C requires a separate analysis under §1003.3(c)(10): a business-purpose mortgage is excluded from HMDA reporting unless it qualifies as a home improvement loan, home purchase loan, or refinancing.
Regulation B, §1002.2(g), defines business credit but contains no general exemption comparable to Regulations Z or X, meaning ECOA generally continues to apply, including the notification requirements in §1002.9(a)(3).

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Financial Crime ✓ 15 claims 18 Oct 2026

ABA names Robertson and Boyer for Distinguished Service Awards in AML/CFT and fraud

The American Bankers Association has announced its Distinguished Service Awards for AML/CFT and fraud management. The recognitions went to two senior financial-crime practitioners for contributions to professional education and industry collaboration. This is a professional-recognition item rather than a rule change, but it signals where the industry's trade body places weight in its financial-crime training and community-building work.

Rebecca Schauer Robertson of Blue Ridge Bank received the ABA Distinguished Service Award for AML/CFT, recognizing a 30-year career in financial services.
Karen Boyer of M&T Bank received the ABA Distinguished Service Award for Fraud Management, cited for work on payment threats, social engineering, scams and account takeover.
Both were honored on October 14, 2026 at the ABA AML and Fraud Conference in Arlington, Virginia.
Robertson served on the founding boards of the Certified AML and Fraud Professional certification and the ABA AML and Fraud School, and helped design the school's curriculum.

Source document

0:15

American Bankers Association — newsroom Source document ↗

United States American Bankers Association — newsroom Digital Assets ✓ 13 claims 16 Oct 2026

Banking groups ask Fed for 60 more days to comment on stablecoin rules

Four bank trade groups have asked the Federal Reserve to extend comment on its two Genius Act stablecoin proposals, arguing the Fed's prudential framework is explicitly benchmarked to an OCC rule that is about to change. The request bears on timing, not substance, but shapes how much scrutiny the final rules receive before they bind issuers.

The Fed issued two companion proposed rules implementing its Genius Act responsibilities in late September 2026.
One proposal covers approval procedures for a subsidiary to become a board-supervised permitted payment stablecoin issuer (PPSI); the other sets reserves, capital, redemption, risk management, custody and reporting requirements.
ABA, BPI, CBA and ICBA have requested a 60-day extension, moving the comment deadline from November 30 to January 29.
OCC Comptroller Gould has stated the OCC intends to finalize its own stablecoin rule by November 2026, which the groups say would change the benchmark the Fed's proposal is tied to.
The associations also urged the Fed to coordinate timing and effective dates with other agencies and keep PPSI requirements consistent across regulators.

Source document

Regulatory news and audio briefings from financial regulators worldwide — financial crime, AML, sanctions, fraud, digital assets and compliance

Regulatory heat map

Filtered