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ABA Calls for Flexibility on Climate Risk Rules

ABA Calls for Flexibility on Climate Risk Rules

The Federal Reserve should not be prescriptive when setting rules and guidelines around climate change risk, the association says
Banks Hit Back at Credit Card Fee Changes

Banks Hit Back at Credit Card Fee Changes

The ABA and ICBA have criticized plans to limit late fees on credit cards, which the CFPB believes will slash costs to consumers by $9 billion
Poor Service, Recession Fears to Drive Banking Changes in 2023

Poor Service, Recession Fears to Drive Banking Changes in 2023

Large companies are disappointed with the service they are receiving from their banking partners, according to Greenwich
Is the FDIC’s IT Risk Program Unfit for Purpose?

Is the FDIC’s IT Risk Program Unfit for Purpose?

An internal audit has found numerous flaws with the FDIC’s InTREx system for assessing cybersecurity risks
Brace for Challenging 2023, Community Banks Told

Brace for Challenging 2023, Community Banks Told

Research by S&P Global shows increased borrowing and declining credit conditions could push up costs substantially
UK Seeks CBDC Expertise for ‘Digital Pound’

UK Seeks CBDC Expertise for ‘Digital Pound’

The UK’s treasury department is advertising for three roles as it explores the potential of cryptocurrencies
How banks can regain market share by adding value across all payment rails

How banks can regain market share by adding value across all payment rails

Banks must first look at how changing consumer payment preferences are impacting market dynamics
Expanding SME Lending through Flexible Decisioning Models

Expanding SME Lending through Flexible Decisioning Models

90% of businesses worldwide are small and medium enterprises, or SMEs
PacWest Eyes Simplification After M&A Spree

PacWest Eyes Simplification After M&A Spree

The California giant is planning to refocus on community banking after a string of acquisitions
Crypto Bank Denied Access to Federal Reserve System

Crypto Bank Denied Access to Federal Reserve System

Wyoming-based Custodia Bank’s request was “inconsistent with the required factors under the law”, the Fed said
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