Newsbytes | ABA Banking Journal https://bankingjournal.aba.com/category/newsbytes/ Fri, 10 Apr 2026 21:16:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 FDIC rescinds guidance on representment NSF fees https://bankingjournal.aba.com/2026/04/fdic-rescinds-guidance-on-representment-nsf-fees/ Fri, 10 Apr 2026 21:16:31 +0000 https://bankingjournal.aba.com/?p=64848 The FDIC rescinded a 2023 financial institution letter that had stated that banks’ charging representment nonsufficient funds fees may be a deceptive or unfair practice under section 5 of the Federal Trade Commission Act.

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]]> Factory orders held steady in February https://bankingjournal.aba.com/2026/04/factory-orders-held-steady-in-february/ Fri, 10 Apr 2026 19:43:35 +0000 https://bankingjournal.aba.com/?p=64841 New orders for manufactured goods in February increased $300 million from the month prior to $620.1 billion, marking the second consecutive month in which the totals were virtually unchanged.

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]]> ABA DataBank: A tradition like no other https://bankingjournal.aba.com/2026/04/aba-databank-a-tradition-like-no-other/ Fri, 10 Apr 2026 19:16:14 +0000 https://bankingjournal.aba.com/?p=64838 With the rise of competing professional golf tours, prize money across major tournaments has increased to record levels.

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]]> ABA, associations offer recommendations for revising SEC cybersecurity disclosures https://bankingjournal.aba.com/2026/04/aba-associations-offer-recommendations-for-revising-sec-cybersecurity-disclosures/ Fri, 10 Apr 2026 18:30:54 +0000 https://bankingjournal.aba.com/?p=64836 ABA joined four associations in providing recommendations for how the SEC could reform its regulations for cybersecurity disclosures by businesses.

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]]> ABA DataBank: March CPI reaccelerates on gasoline prices https://bankingjournal.aba.com/2026/04/aba-databank-march-cpi-reaccelerates-on-gasoline-prices/ Fri, 10 Apr 2026 15:39:02 +0000 https://bankingjournal.aba.com/?p=64825 The ABA Office of the Chief Economist believes that this month’s spike in consumer prices reflects the renewed inflationary pressures stemming from recent energy supply shocks.

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]]> AARP survey finds widespread concern about fraud https://bankingjournal.aba.com/2026/04/aarp-survey-finds-widespread-concern-about-fraud/ Fri, 10 Apr 2026 15:32:29 +0000 https://bankingjournal.aba.com/?p=64830 Nearly four in 10 U.S. adults say they have been victims of fraud, while many more say they worry about becoming victims, according to a recent survey by AARP.

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]]> ABA DataBank: Consumer sentiment falls in April https://bankingjournal.aba.com/2026/04/aba-databank-consumer-sentiment-falls-in-april/ Fri, 10 Apr 2026 15:27:14 +0000 https://bankingjournal.aba.com/?p=64826 The ABA Office of the Chief Economist believes weakening household confidence may signal headwinds for the banking industry.

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]]> ABA recommends revisions to CFPB credit card plan survey https://bankingjournal.aba.com/2026/04/aba-recommends-revisions-to-cfpb-credit-card-plan-survey/ Fri, 10 Apr 2026 13:29:54 +0000 https://bankingjournal.aba.com/?p=64820 The CFPB should revise a regular survey on credit card plans to undo changes made by the previous administration that didn’t conform with law, ABA said.

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]]> FCC proposes stronger penalties on voice service providers for KYC failures https://bankingjournal.aba.com/2026/04/fcc-proposes-stronger-penalties-on-voice-service-providers-for-kyc-failures/ Fri, 10 Apr 2026 00:54:18 +0000 https://bankingjournal.aba.com/?p=64816 The FCC proposed to impose stronger “know your customer” requirements on voice service providers that originate calls, as part of an effort to crack down on illegal scam calls. The commission is scheduled to vote on whether to issue the draft proposal at its April 30 open meeting.

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]]> Treasury issues new citizenship, anti-discrimination requirements for CDFI Fund awards https://bankingjournal.aba.com/2026/04/treasury-issues-new-citizenship-anti-discrimination-requirements-for-cdfi-fund-awards/ Fri, 10 Apr 2026 00:50:24 +0000 https://bankingjournal.aba.com/?p=64813 The Treasury Department proposed new rules to prevent CDFI Fund awards from being used to support individuals in the U.S. illegally. It also announced that CDFIs will be required to adopt policies aligning with the Trump administration’s anti-discrimination priorities, and the fund will review those policies for compliance.

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