On August 22, 2025, the CFPB issued an advance notice of proposed rulemaking to inform its consideration of four issues related to the implementation of section 1033 of the Dodd-Frank Act. Section 1033 outlines the requirement for “covered persons” to make financial transaction data available to consumers and authorized third parties upon request, under rules prescribed by the Bureau.

On August 19, 2025, the FDIC’s Board of Directors approved a proposed rule to amend regulations governing the display of the FDIC official digital sign and non-deposit signage. According to the FDIC’s press release, the proposed changes would simplify requirements for banks’ display of the FDIC official digital sign and non-deposit signage on digital deposit-taking channels, including bank websites, mobile applications, ATMs and like devices.

On August 15, 2025, the Federal Reserve Board announced that it will sunset its novel activities supervision program and return to monitoring banks' novel activities through the normal supervisory process. Thus, it is rescinding its 2023 supervisory letter titled “Creation of Novel Activities Supervision Program.”

On August 7, 2025, the FTC published its latest Consumer Protection Data Spotlight, which shows a more than four-fold increase since 2020 in reports from older adults who say they lost $10,000 or more to scammers who impersonate trusted government agencies or businesses. These scams generally involve someone contacting consumers to alert them to a fake and urgent problem and then proceeding to try to persuade them to transfer their money to “keep it safe” or for some other false reason. 

On August 11, 2025, the Banking Dive reported that the CFPB is preparing to file an adversary proceeding complaint against now-bankrupt Synapse Financial Technologies for alleged unfair acts or practices and failure to maintain adequate records of consumer funds. Synapse was a banking-as-a-service (BaaS) company that facilitated partnerships between fintech companies and banks.

On August 7, 2025, U.S. President Donald Trump issued an Executive Order titled “Guaranteeing Fair Banking For All Americans.” The E.O. aims to prevent financial institutions from restricting access to services based on political or religious beliefs. 

On August 5, 2025, the FDIC issued guidance to update its supervisory approach regarding whether an FDIC-supervised institution can use pre-populated customer information for the purpose of opening an account to satisfy Customer Identification Program (CIP) requirements.