CFPB issues guidance on remittance advertising

Mar 28, 2024 | NewsWatch Today
The Consumer Financial Protection Bureau issued a circular warning remittance transfer providers—including digital wallets—that false advertising about the cost or speed of sending a remittance transfer can violate federal law.

Treasury spotlights AI risks for financial sector

Mar 28, 2024 | NewsWatch Today
The Treasury Department issued a report on how the financial services sector can manage cybersecurity risks posed by artificial intelligence technologies

ICBA urging district meetings on farm bill

Mar 28, 2024 | NewsWatch Today
With members of Congress back home for a district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

CISA releases proposal on cyber reporting standards

Mar 28, 2024 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency published for public inspection its pending proposed rule that would require covered entities to report to CISA on covered cyber incidents and ransom payments.

Payment networks, merchants announce settlement on interchange suit

Mar 27, 2024 | NewsWatch Today
Visa, Mastercard, major credit card issuers, and the merchants suing them announced a proposed settlement to end nearly two decades of litigation over credit card interchange. ICBA is analyzing this new settlement to determine the impact on the community banking sector.

ICBA Capital Summit speakers confirmed

Mar 27, 2024 | NewsWatch Today
The speakers are set for next month’s 2024 ICBA Capital Summit, the industry’s premier advocacy event.

Latest on crypto: terrorism sanctions, federal charges

Mar 27, 2024 | NewsWatch Today
Federal officials announced a new round of legal actions related to the use of cryptocurrencies for illicit purposes.

Speakers set for ICBA Capital Summit

Mar 26, 2024 | NewsWatch Today
ICBA announced the speakers for next month’s 2024 ICBA Capital Summit, the industry’s premier advocacy event.

ICBA urging district meetings on farm bill

Mar 26, 2024 | NewsWatch Today
With members of Congress back home for a district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

Swift says experiment shows CBDC use cases

Mar 26, 2024 | NewsWatch Today
The Swift financial transactions and payments network said its latest experiment with a central bank digital currency successfully demonstrated the use of CBDCs in digital trade, payments, and tokenized foreign-exchange and asset networks.

ICBA urging district grassroots meetings on farm bill

Mar 25, 2024 | NewsWatch Today
With members of Congress back home for a two-week district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

Lawmakers request study on Fed debit card rule

Mar 25, 2024 | NewsWatch Today
Reps. Blaine Luetkemeyer (R-Mo.) and Andy Barr (R-Ky.) asked the Government Accountability Office to study the potential impact of the Federal Reserve’s proposal to lower debit card interchange fees.

ICBA requests federal records on CBDC authority

Mar 25, 2024 | NewsWatch Today
ICBA filed a Freedom of Information Act request for federal records related to whether legislative changes are required to issue a U.S. central bank digital currency.

CRA Public File Requirements

Mar 22, 2024 | News
The April 1 Community Reinvestment Act public file deadline is approaching. Below is a refresher on CRA public file requirements.

FDIC proposes updated guidance on bank mergers

Mar 22, 2024 | NewsWatch Today
The FDIC proposed revisions to its statement of policy, or SOP, on bank merger transactions incorporating ICBA-advocated provisions.

Agencies extend certain CRA rule application dates

Mar 22, 2024 | NewsWatch Today
Federal regulators issued an interim final rule that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October.

Crypto hacks fuel North Korean income: report

Mar 22, 2024 | NewsWatch Today
Cryptocurrency hacks account for half of North Korea’s foreign income since 2017, according to a pending U.N. Security Council report.

OCC to host Project REACh financial inclusion summit

Mar 21, 2024 | NewsWatch Today
The OCC opened registration for its Project REACh Financial Inclusion Summit, scheduled for May 29-30 in Washington, D.C.

Blog: ICBA and community banks fight check fraud

Mar 21, 2024 | NewsWatch Today
ICBA and community banks are leading the way in fighting check fraud, according to a new blog post on Main Street Matters.

Small businesses again most satisfied with community banks: Fed

Mar 21, 2024 | NewsWatch Today
Small-business borrowers approved for at least some of the financing they sought last year were again more satisfied with their experiences at community banks than at larger and online lenders, according to the Federal Reserve.