Industry Reports Archive

Lawmakers met this week and reconvened the 2023 Regular Session. Below is a recap of the proceedings. Next week legislators will take spring break. Budgets Released Gov. Kay Ivey transmitted her budget proposals to the Legislature this week as the Regular Session reconvened after ...Read More

by Rob Nichols, American Bankers Association For community banks seeking to remain competitive in today’s crowded financial services marketplace, innovation is imperative. A relationship with a core provider can make or break an institution’s innovation goals, and for too many community banks, legacy core ...Read More

Mobile apps remain the most popular choice for most consumers when banking, according to a new survey commissioned by American Bankers Association. Research firm Morning Consult polled more than 2,200 U.S. adults about what methods they used the most to manage their bank accounts ...Read More

by Rob Nichols, American Bankers Association As I traveled the country this summer speaking at various state bankers association conventions, I’d always ask this question of my audience: How many of you have clients and customers that are asking you about cryptocurrencies and digital ...Read More

Gov. Kay Ivey has appointed Hope Johnson to serve on the Alabama State Banking Board, representing Alabama’s 2nd Congressional District. “Banking and economic development have fueled our pursuit to strengthen Alabama’s economy,” said Gov. Ivey. “With Hope’s vast experience in various administrative positions, I am ...Read More

The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of 2021, according to the Federal Reserve’s latest supervision and regulation report released today. The Fed said that risk monitoring will continue for potential effects ...Read More

Ahead of the hearing in the Senate Judiciary Committee on credit and debit card interchange fees, the American Bankers Association joined a broad coalition of national industry groups to communicate to lawmakers the serious flaws of interchange regulations and push back against efforts to ...Read More