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    <title>The Latest</title>
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    <description>The Latest</description>
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    <pubDate>Mon, 08 Jun 2026 22:23:06 GMT</pubDate>
    <dc:date>2026-06-08T22:23:06Z</dc:date>
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      <title><![CDATA[ Truist taps ex-BofA executive Cathy Bessant to serve on board ]]></title>
      <link>https://www.americanbanker.com/news/truist-taps-ex-bofa-executive-cathy-bessant-to-serve-on-board</link>
      <description><![CDATA[ Cathy Bessant, who was Bank of America's vice chair of global strategy when she retired, is joining <a href="https://www.americanbanker.com/organization/truist-financial">Truist's</a> board of directors and will sit on the company's risk committee. Bessant was American Banker's Most Powerful Woman in Banking for three consecutive years.  ]]></description>
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      <category><![CDATA[ Corporate governance ]]></category>
      <category><![CDATA[ Truist Financial ]]></category>
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      <pubDate>Mon, 08 Jun 2026 22:23:06 GMT</pubDate>
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      <dc:creator>Allissa Kline</dc:creator>
      <dc:date>2026-06-08T22:23:06Z</dc:date>
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      <title><![CDATA[ In ongoing records purge, CFPB deletes supervisory reports ]]></title>
      <link>https://www.americanbanker.com/news/in-ongoing-records-purge-cfpb-deletes-supervisory-reports</link>
      <description><![CDATA[ The Trump administration's Consumer Financial Protection Bureau has quietly scrubbed over a decade of consumer guidance and public records from its website.  ]]></description>
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      <category><![CDATA[ CFPB News & Analysis ]]></category>
      <category><![CDATA[ Trump administration ]]></category>
      <pubDate>Mon, 08 Jun 2026 20:33:57 GMT</pubDate>
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      <dc:creator>Kate Berry</dc:creator>
      <dc:date>2026-06-08T20:33:57Z</dc:date>
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      <title><![CDATA[ The multi-rail future of cross-border payments ]]></title>
      <link>https://www.americanbanker.com/payments/news/segmenting-the-landscape-how-legacy-core-money-service-businesses-and-stablecoins-divide-cross-border-value</link>
      <description><![CDATA[ Segmenting the landscape: How legacy core, money service businesses and stablecoins divide cross-border value  ]]></description>
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      <category><![CDATA[ Market Intelligence ]]></category>
      <category><![CDATA[ Stablecoin ]]></category>
      <category><![CDATA[ Payments ]]></category>
      <pubDate>Mon, 08 Jun 2026 18:46:28 GMT</pubDate>
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      <dc:creator>Megan Ryan</dc:creator>
      <dc:date>2026-06-08T18:46:28Z</dc:date>
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      <title><![CDATA[ A bank breaks its silence on its shadow-AI breach ]]></title>
      <link>https://www.americanbanker.com/news/a-bank-breaks-its-silence-on-its-shadow-ai-breach</link>
      <description><![CDATA[ An employee uploaded customer data to an unauthorized AI app. The bank says it reached the vendor before a model could train on the data.  ]]></description>
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      <category><![CDATA[ Cyber security ]]></category>
      <category><![CDATA[ Artificial intelligence ]]></category>
      <category><![CDATA[ Regulation and compliance ]]></category>
      <category><![CDATA[ Data breaches ]]></category>
      <category><![CDATA[ SEC ]]></category>
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      <pubDate>Mon, 08 Jun 2026 18:41:05 GMT</pubDate>
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      <dc:creator>Carter Pape</dc:creator>
      <dc:date>2026-06-08T18:41:05Z</dc:date>
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      <title><![CDATA[ 'The data has to be perfect': BofA CEO Moynihan on AI  ]]></title>
      <link>https://www.americanbanker.com/news/the-data-has-to-be-perfect-bofa-ceo-moynihan-on-ai</link>
      <description><![CDATA[ Brian Moynihan spoke of the challenges of developing and maintaining Erica, the bank's main internal AI model, with precision.  ]]></description>
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      <category><![CDATA[ Artificial intelligence ]]></category>
      <category><![CDATA[ Bank technology ]]></category>
      <category><![CDATA[ Bank of America ]]></category>
      <pubDate>Mon, 08 Jun 2026 17:41:09 GMT</pubDate>
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      <dc:creator>Penny Crosman</dc:creator>
      <dc:date>2026-06-08T17:41:09Z</dc:date>
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      <title><![CDATA[ How the AI arms face upends payments fraud  ]]></title>
      <link>https://www.americanbanker.com/payments/news/the-ai-arms-race-in-payment-fraud</link>
      <description><![CDATA[ Payment experts detail where banks are falling short in combating AI-driven crimes.  ]]></description>
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      <category><![CDATA[ Payment fraud ]]></category>
      <category><![CDATA[ Artificial intelligence ]]></category>
      <category><![CDATA[ Payments ]]></category>
      <pubDate>Mon, 08 Jun 2026 17:32:05 GMT</pubDate>
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      <dc:creator>Cheryl Winokur Munk</dc:creator>
      <dc:date>2026-06-08T17:32:05Z</dc:date>
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      <title><![CDATA[ Fed's Barr: Strong bank regulation curbs nonbank risks ]]></title>
      <link>https://www.americanbanker.com/news/feds-barr-strong-bank-regulation-curbs-nonbank-risks</link>
      <description><![CDATA[ The Federal Reserve governor warned in a speech Saturday that lower capital requirements and lighter supervision could create a credit 'sugar high' that could spur excessive risk-taking, with potentially significant long-term consequences.  ]]></description>
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      <category><![CDATA[ Regulation and compliance ]]></category>
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      <category><![CDATA[ Compliance Risk ]]></category>
      <category><![CDATA[ Federal Reserve ]]></category>
      <pubDate>Mon, 08 Jun 2026 15:54:19 GMT</pubDate>
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      <dc:creator>Kyle Campbell</dc:creator>
      <dc:date>2026-06-08T15:54:19Z</dc:date>
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      <title><![CDATA[ The real fight at the White House was outside the octagon ]]></title>
      <link>https://www.americanbanker.com/opinion/the-real-fight-at-the-white-house-was-outside-the-octagon</link>
      <description><![CDATA[ The coming mixed-martial-arts fight on the White House lawn is bound to get a lot of attention, but a far more consequential heavyweight fight between President Trump and former Fed Chair Jerome Powell has already been decided.  ]]></description>
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      <category><![CDATA[ Federal Reserve ]]></category>
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      <category><![CDATA[ Regulation and compliance ]]></category>
      <category><![CDATA[ Jerome Powell ]]></category>
      <category><![CDATA[ Trump administration ]]></category>
      <pubDate>Mon, 08 Jun 2026 11:35:00 GMT</pubDate>
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      <dc:creator>Kenneth H. Thomas</dc:creator>
      <dc:date>2026-06-08T11:35:00Z</dc:date>
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      <title><![CDATA[ Bank asset thresholds are warping America's financial system ]]></title>
      <link>https://www.americanbanker.com/opinion/bank-asset-thresholds-are-warping-americas-financial-system</link>
      <description><![CDATA[ Arbitrary financial regulation "cliffs," such as the one imposed by the Durbin Amendment, create incentives that distort decision making. Congress should step in and reform the various measures that rely on such imprecise triggers.  ]]></description>
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      <category><![CDATA[ Politics and policy ]]></category>
      <category><![CDATA[ Regulation and compliance ]]></category>
      <category><![CDATA[ Credit cards ]]></category>
      <pubDate>Mon, 08 Jun 2026 11:30:00 GMT</pubDate>
      <guid isPermaLink="false">0000019e-99b3-dc58-ad9e-9fb3c3760001</guid>
      <dc:creator>Todd Zywicki</dc:creator>
      <dc:date>2026-06-08T11:30:00Z</dc:date>
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      <title><![CDATA[ Aspiration Partners and the credulity of private credit ]]></title>
      <link>https://www.americanbanker.com/opinion/aspiration-partners-and-the-credulity-of-private-credit</link>
      <description><![CDATA[ A private credit fund got suckered into the Aspiration Partners fraud; is that an 'it could have happened to anybody,' or a sign that the industry has low standards?  ]]></description>
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      <category><![CDATA[ Bank Notes ]]></category>
      <category><![CDATA[ Credit ]]></category>
      <category><![CDATA[ Artificial intelligence ]]></category>
      <category><![CDATA[ Risk ]]></category>
      <pubDate>Mon, 08 Jun 2026 10:05:00 GMT</pubDate>
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      <dc:creator>Paul Vigna</dc:creator>
      <dc:date>2026-06-08T10:05:00Z</dc:date>
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