Newsbytes | ABA Banking Journal https://bankingjournal.aba.com/category/newsbytes/ Fri, 23 Oct 2026 16:24:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.13 ABA DataBank: Home purchase cancellations near record highs https://bankingjournal.aba.com/2026/10/aba-databank-home-purchase-cancellations-near-record-highs/ Fri, 23 Oct 2026 16:04:49 +0000 https://bankingjournal.aba.com/?p=68418 Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.

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]]> Final: Consumer sentiment decreased slightly in October https://bankingjournal.aba.com/2026/10/final-consumer-sentiment-decreased-slightly-in-october/ Fri, 23 Oct 2026 15:56:39 +0000 https://bankingjournal.aba.com/?p=68416 Consumer sentiment decreased 0.2% month-over-month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.

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]]> ABA, associations thank lawmakers in four states for supporting economic growth https://bankingjournal.aba.com/2026/10/aba-associations-call-on-foster-de-la-cruz-to-continue-supporting-economic/ Fri, 23 Oct 2026 14:57:45 +0000 https://bankingjournal.aba.com/?p=68409 ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.

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]]> ABA to livestream portions of annual convention general sessions https://bankingjournal.aba.com/2026/10/aba-to-livestream-portions-of-annual-convention-general-sessions/ Thu, 22 Oct 2026 20:54:57 +0000 https://bankingjournal.aba.com/?p=68398 The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline  the association’s priorities for the year ahead and look ahead to the midterm election

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]]> FinCEN investigating Greek bank for alleged Iranian ties https://bankingjournal.aba.com/2026/10/fincen-investigating-greek-bank-for-alleged-iranian-ties/ Thu, 22 Oct 2026 11:55:37 +0000 https://bankingjournal.aba.com/?p=68385 The Treasury Department announced that the Financial Crimes Enforcement Network is investigating a Greek bank for alleged ties to Iran.

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]]> Studies gauge fraud costs for banks, financial services https://bankingjournal.aba.com/2026/10/studies-gauge-fraud-costs-for-banks-financial-services/ Thu, 22 Oct 2026 11:34:29 +0000 https://bankingjournal.aba.com/?p=68382 Every $1 of fraud now costs U.S. financial services firms $5.47, up from $4 in 2021, according to new research by LexisNexis. At the same time, a separate study by PYMNTS.com found that U.S. financial institutions now spend more than $2 to stop every $1 lost to fraud.

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]]> CISA urges organizations to immediately patch vulnerabilities found in many websites https://bankingjournal.aba.com/2026/10/cisa-urges-organizations-to-immediately-patch-vulnerabilities-found-in-many-websites/ Wed, 21 Oct 2026 18:07:55 +0000 https://bankingjournal.aba.com/?p=68376 The Cybersecurity and Infrastructure Security Agency is urging organizations to immediately patch two critical vulnerabilities found in a programming language used by many websites.

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]]> ABA announces 2026 Emerging Leader Awards winners https://bankingjournal.aba.com/2026/10/aba-announces-2026-emerging-leader-awards-winners/ Wed, 21 Oct 2026 16:41:21 +0000 https://bankingjournal.aba.com/?p=68373 ABA announced the 2026 recipients of its annual Emerging Leader Awards, which recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities.

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]]> Survey: Bank servicers maintain customer edge in apps, websites https://bankingjournal.aba.com/2026/10/survey-bank-servicers-maintain-customer-edge-in-apps-websites/ Wed, 21 Oct 2026 16:29:37 +0000 https://bankingjournal.aba.com/?p=68367 Bank servicers lead mortgage-focused servicers in overall consumer satisfaction with websites and mobile apps, with customers seeking easy access to account management and an organized layout, according to a new survey by JD Power.

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]]> OCC finalizes stablecoin rule with narrow payment-of-interest prohibition https://bankingjournal.aba.com/2026/10/occ-finalizes-stablecoin-rule-with-narrow-payment-of-interest-prohibition/ Wed, 21 Oct 2026 16:24:22 +0000 https://bankingjournal.aba.com/?p=68366 The OCC finalized a rule to enforce the Genius Act with a narrower prohibition on payment-of-interest than the agency originally proposed, although it expects to issue future rulemaking on the subject.

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