Sharon Lewis, with the OBA’s fraud division, has followed Frank McKenna (www.frankonfraud.com) for a long time. Frank is the chief innovation officer at Point Predictive, a lending confidence and risk management company. Point Predictive just released their 2025 Auto Lending Fraud Trends Report. Click here to download the report. According to the report, did you know … the estimated fraud …
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The latest edition of the OBA Directory of Banks is now available. This essential reference includes financial data, important information about all Oklahoma banks, savings and loans, savings banks and holding companies, key personnel by function and title, answers to rules and regulations, legislators, state and national agencies, courthouses, fast-find index and much more! Each Directory is $40 per copy for OBA-member …
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For our members who found the Treasury Check Verification System portal difficult to enroll in or use, SentiLink is now offering access to their treasury check verification services free for anyone. Yes, this is correct 100% with no strings attached. It is for any financial institution and will provide access to their SentiLink dashboard where you can verify Treasury check …
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The Consumer Financial Protection Bureau, in the past week has vacated and/or abandoned enforcement of a pair of rules. On Monday, the CFPB reached an agreement with the American Bankers Association and other plaintiffs to settle a lawsuit over its rule on credit card late fees. The CFPB last year issued a final rule to lower the safe harbor dollar …
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In a court filing last week, the Consumer Financial Protection Bureau said its leadership has directed staff to initiate new rulemaking to implement Section 1071 of the Dodd-Frank Act and plans to soon release a proposal to possibly replace or change its current rule. The CFPB in 2023 released a final rule implementing Section 1071, which requires financial institutions to …
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The bankers are back in town — and registration for the 2025 OBA Convention is officially open! Join us in Oklahoma City this May for the can’t-miss event of the year—packed with valuable sessions, networking, and a chance to reconnect with Oklahoma’s banking community. Whether you’re looking to expand your knowledge or simply enjoy a great time with fellow professionals, …
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A search for key word “jackpotting” in OBA.com returns Fraud Alerts and other stories dating back to 2018. In 2024, we mentioned the increase in these ATM attacks on June 3, Aug. 19, Oct. 28, and Nov. 1. Jackpotting is a term used to describe cyber attacks on ATMs with the intent to illegally dispense cash without debiting an account. …
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The American Bankers Association and Independent Community Bankers of American joined eight other associations representing banks, credit unions and payment providers on Monday in restating their opposition to the Credit Card Competition Act, which would impose new network routing mandates on financial institutions that issue credit cards. Sen. Dick Durbin (D-Ill.) has stated his intention to reintroduce the bill in …
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On July 1, 2025, Oklahoma will fully transition to electronic liens and titles (ELT). Standard paper titles will no longer be printed. Lienholders will use electronic records, and dealers will have the option to use electronic bills of sale for title transactions. Service Oklahoma will host a Teams call every other week beginning March 24 and ending Sept. 1. These …
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Join your banking peers for an Emerging Leaders social! There is no registration fee, but please RSVP to let us know you’ll be there. Questions? Email Megan McGuire. Oklahoma City: Click here to RSVP. The Oklahoma City Emerging Leaders social is sponsored by Graduate School of Banking at Colorado. Date: Tuesday, March 25 Time: 5-5:30 p.m. Location: Embassy Suites OKC …
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