ABA Fraudcast: Who is calling me?

The article discusses the challenge of spoofed calls from criminals and the need to protect lawful bank communications. It highlights the importance of identifying legitimate calls amidst fraudulent ones.
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Survey: AI, cybersecurity top priorities to community banks in 2026

Artificial intelligence remains a top priority for community financial institutions in 2026; cybersecurity and digital assets also areas of focus. The survey was conducted by software solutions provider CSI.
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ABA offers recommendations for improving third-party supervision

ABA recommended third-party service providers enhance transparency and support innovation; steps include regular risk assessments and clear communication channels.
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Reports: Sen. Marshall to drop credit card routing mandate amendment to crypto bill

Sen. Marshall has dropped an amendment to add credit card routing mandates to a cryptocurrency regulation bill; this decision may impact the broader regulatory landscape for financial institutions, including credit unions.
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Sen. Marshall proposes to add Credit Card Competition Act to crypto bill

- Senator Marshall has proposed an amendment to add credit card routing mandates to a cryptocurrency regulation bill. - The new language would allow state attorneys general to seek civil penalties for violations of the proposed law.
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Recent news from Treasury’s Office of Foreign Assets Control: January 26

• OFAC updated its list of Specially Designated Nationals and Blocked Persons. • No specific actions required for Texas credit unions at this time.
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Banking on AI

The article discusses the potential benefits and risks of using artificial intelligence in banking operations. It highlights the need for credit unions to be prepared with robust risk management strategies when integrating AI technologies.
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House committee advances three ABA-backed bills

The House Financial Services Committee advanced three bills supported by ABA: regulatory tailoring for community banks, reauthorization of the Terrorism Risk Insurance Program, and raising Bank Secrecy Act reporting thresholds.
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FDIC approves deposit insurance applications for Ford, GM industrial banks

The FDIC has approved deposit insurance applications for Ford and GM to establish industrial banks. This move could potentially impact the competitive landscape in the banking industry, particularly for auto manufacturers.
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FDIC adopts changes to signage rules

The FDIC finalized changes to its signage rules and delayed the compliance date. The new rules will take effect in June 2024.
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FDIC reinstates independent supervisory appeals office

- The FDIC has reinstated an independent office to oversee bank appeals of its supervisory decisions. - The OCC plans to explore similar reforms for its supervisory appeals process.
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Survey: AI, fraud among top cybersecurity trends for 2026

Artificial intelligence is enhancing cybersecurity efforts but also enabling fraud. Cyber-enabled fraud will affect people of various backgrounds in 2026.
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ABA urges FDIC to pause special assessment collection

The American Bankers Association (ABA) has urged the FDIC to defer collection of a special assessment on certain banks, citing ongoing litigation related to recent bank failures. This move would provide more time for legal proceedings regarding loss recovery.
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ABA supports OCC proposal to overhaul community bank licensing requirements

- ABA supports the OCC's proposal to overhaul community bank licensing requirements as part of reducing regulatory burden. - The proposal aims to streamline and simplify existing licensing processes for community banks.
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ABA, associations seek extension of comment period for FDIC’s Genius Act implementation

The ABA and four other associations have requested an extension of the comment period for the FDIC's proposal on issuing stablecoins through a subsidiary. This request aims to allow more time for stakeholders to provide feedback.
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Recent news from Treasury’s Office of Foreign Assets Control: January 20

- OFAC has issued recent sanctions-related actions. - No explicit mentions of Texas or Texas-specific entities.
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Democratic senators introduce bill to lower credit card late fee cap

Three Democratic senators have introduced legislation to lower the cap on credit card late fees to $8; this rule was previously implemented during the Biden administration.
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HUD proposes to remove disparate impact from Fair Housing Act rule

HUD proposes to rescind rules allowing the use of disparate impact in determining Fair Housing Act violations; this could affect how credit unions assess and mitigate housing discrimination risks.
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AI romance, ‘machine-to-machine’ scams among top 2026 fraud trends

Artificial intelligence (AI)-driven romance scams and machine-to-machine frauds are identified as top 2026 fraud trends. Credit reporting agency Experian highlights these emerging threats.
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