Financial Accounting, Reporting & Analysis

Aug 8, 2025, 00:00 by Jessica Barboza

Reps. Zach Nunn, R-Iowa and Jim Himes, D-Ct., have introduced a House version of the bipartisan Task Force for Recognizing and Averting Payment Scams (TRAPS) Act. The bill would establish a Treasury task force to examine current trends and developments in payment scams. Sens. Mike Crapo, R-Idaho, and Mark Warner, D-Va. introduced a bipartisan companion in the Senate in June.

Aug 8, 2025, 00:00 by Jessica Barboza

The U.S. Senate has unanimously passed the Homebuyers Privacy Protection Act (H.R. 2808), a bipartisan bill aimed at protecting consumers from aggressive and unwanted mortgage solicitations. The legislation would amend the Fair Credit Reporting Act to prohibit the sale of mortgage applicant information—commonly known as “trigger leads”—to third-party lenders and marketers.

Aug 8, 2025, 00:00 by Jessica Barboza

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

Jul 31, 2025, 00:00 by Natalie Rooney

It may be unimaginable that a trusted employee would commit fraud against your business, but data from the ACFE Report to the Nations shows occupational fraud is on the rise, and it’s costing organizations more than ever.

Jul 25, 2025, 00:00 by Jessica Barboza

In a major pushback against the cryptocurrency industry’s banking ambitions, the American Bankers Association and four other bank trade groups have urged the Office of the Comptroller of the Currency to postpone decisions on several national trust bank charter applications.

Jul 25, 2025, 00:00 by Jessica Barboza

Five of the US’s top banking and credit union associations have called for the Office of the Comptroller of the Currency (OCC) to hit pause on decisions around banking license applications made by cryptocurrency firms, due to concerns about the crypto industry’s approach to fiduciary duty.

Jul 25, 2025, 00:00 by Jessica Barboza

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

Jul 11, 2025, 00:00 by Jessica Barboza

In a move that will help the credit union industry, the Federal Housing Finance Agency (FHFA) announced it will permit financial institutions selling loans to Fannie Mae and Freddie Mac—the government-sponsored enterprises (GSEs) to use VantageScore 4.0.

Jul 11, 2025, 00:00 by Jessica Barboza

Visa and Mastercard took the Treasury Department’s new payments modernization initiative as an opportunity to pitch services.

Jul 11, 2025, 00:00 by Jessica Barboza

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

Jun 20, 2025, 00:00 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 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 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 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 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 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 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 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 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 by Natalie Rooney

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