Financial Accounting, Reporting & Analysis

Jun 20, 2025, 00:00 AM by Jessica Barboza

The FDIC, Federal Reserve, and Office of the Comptroller of the Currency issued a Request for Information (RFI) on questions related to payments fraud.

Jun 20, 2025, 00:00 AM by Jessica Barboza

Credit unions closed 32 locations during the first quarter, the largest drop since 2021. It brings the industry’s branch count to below pre-pandemic numbers.

Jun 20, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial institutions news items from around the web.

Jun 5, 2025, 00:00 AM by Jessica Barboza

A coalition of banking industry groups has asked the SEC to rescind a controversial Biden-era cybersecurity breach notification rule.

Jun 5, 2025, 00:00 AM by Jessica Barboza

Banks’ net income saw modest gains in the first quarter of 2025, despite weakness in commercial real estate portfolios, the FDIC reported.

Jun 5, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial institutions news items from around the web.

May 23, 2025, 00:00 AM by Jessica Barboza

New data reveals banks are improving debit card management, adding controls and security protection tools for consumers.

May 23, 2025, 00:00 AM by Jessica Barboza

The U.S. Department of the Treasury released Treasury International Capital (TIC) data for March 2025. The next release, which will report on data for April 2025, is scheduled for June 18, 2025.

May 23, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial institutions news items from around the web.

May 5, 2025, 02:00 AM by Natalie Rooney

Financial services companies are doubling down on cloud, cyber and data platforms to lay the groundwork for generative AI and implement other transformative technologies, according to Broadridge Financial Solutions.

May 5, 2025, 02:00 AM by Natalie Rooney

President Trump’s FY2026 budget proposal eliminates Community Development Financial Institution Fund discretionary awards, according to the request the White House sent to Senate Appropriations Committee Chair Susan Collins (R-Maine).

May 5, 2025, 02:00 AM by Natalie Rooney

In case you missed them, here are some recent interesting financial institutions news items from around the web.

Apr 25, 2025, 00:00 AM by Jessica Barboza

Total credit union loans outstanding fell by 0.25% in February, compared to a 0.21% gain in January and a 0.05% fall in February 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.

Apr 25, 2025, 00:00 AM by Jessica Barboza

The European Central Bank cut its main interest rate by a quarter of a percentage point April 17, citing growing trade tensions after President Donald Trump’s tariffs sparked a global trade war.

Apr 25, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial institutions news items from around the web.

Apr 17, 2025, 02:00 AM by Natalie Rooney

Your OSCPA membership might be expiring on April 30! Be sure to renew to maintain your access to the resources, connections and solutions engage, enable and empower you and your team.

Apr 11, 2025, 00:00 AM by Jessica Barboza

The Consumer Financial Protection Bureau will rescind a rule interpretation the Biden administration adopted applying consumer protections for credit card borrowing to the growing buy now pay later industry.

Apr 11, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial institutions news items from around the web.

Apr 10, 2025, 00:00 AM by Jessica Barboza

Debit cards were the top payment method for fraud attempts last year, with almost three-quarters (73%) of financial institutions surveyed by the Federal Reserve Financial Services saying they experienced such attempts. Checks were also a common vehicle for fraud attempts (62%), followed by non-bank payment apps (36%), ACH transactions (31%) and credit cards (24%).

Feb 28, 2025, 02:00 AM by Natalie Rooney

Multiple groups filed an amicus brief in a case brought by the New York Attorney General against Citibank, N.A. arguing that the Uniform Commercial Code covers online wire transfers instead of the EFT Act as asserted by the NYAG’s lawsuit.