Bank Policy Institute

Policymakers are increasingly looking upstream to stop scams at the source, targeting the telecom and tech platforms that scammers use to reach consumers.

Here’s an overview of recent government actions. 🧵👇

BPI and fellow financial trades commend the @FCC for its continued work to combat illegal spoofed calls and protect consumers from fraud and scams.

Our joint letter supports strengthening the Robocall Mitigation Database and offers recommendations to further those efforts.

In this weekend's edition of BPInsights

➡️ The GENIUS Act takes effect early next year. How do the largest stablecoins hold up to its requirements? 
➡️ How the House Financial Services and Senate Banking Committees may change after the midterms. 

and more. bpi.com/bpinsights-nov…

Most stablecoins fall short of GENIUS Act reserve requirements.

Just two of the 10 largest dollar stablecoins, representing 26% of tokens outstanding, would meet the Act’s standards for reserve assets as of June 30.

Read more. ⬇️ bpi.com/not-all-stable…

In a new @AmerBanker op-ed, BPI’s Greg Baer and Paige Pidano Paridon break down important questions surrounding agentic AI in banking, and why security and liability are key issues to watch. 👇