ABI Blog Exchange

Why A Uniform ABC Law Is Needed

By: Donald L Swanson Assignment for benefit of creditors (“ABC”) has existed for centuries under the common law of England and the United States. And the ABC process has worked well under that common law! ABC Function ABC has been an effective tool

Student Loan Relief, Now You See It, Now You Don’t

The clearly ill planned Biden student loan relief Student Loan Relief Sleight of Hand (Image https://www.amazon.com/Now-You-See-Dont-Lessons/dp/0394722027) executive order (not sure if that is even written down yet) changes again. This is like

Banks, credit unions at various stages of recovery from Ian

Some large banks said to reimburse less than 50% of consumer fraud claims on Zelle

FSOC calls for legislation on crypto spot markets

NCUA liquidates second credit union of 2022

Why banks should give point-of-sale technicians a second look

Banks send each other $500 million on day of blockchain launch

TD hires former Citi executive to run U.S. credit card business

U.S. Bank launches cash-flow forecasting for small businesses

Wall Street-backed bitcoin firm NYDIG replaces CEO, president

(UK) Lock v Stanley Update: the Final Word on Assignment of Insolvency Claims?

The Supreme Court has refused permission for the case of Lock v Stanley to be appealed, meaning that the Court of Appeal’s approach to questions around the assignment by a liquidator of claims in the insolvent estate stands. Most notably the Court of

FDIC's Gruenberg says banks shouldn't depend on government assistance for climate risk

Credit Suisse market turmoil deepens after memo backfires

Card debt app Tally triples valuation to $855 million

Banks could be doing much more to serve Black Americans

Discovery Federal Credit Union in Pennsylvania picks new CEO

Taiwan bank to expand into U.S. with acquisition in California

What buy now/pay later fintechs can expect next from the CFPB

How banks can ward off competition for small-business clients