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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, blog posts, advocacy letters and other news that impacts community bankers.

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More terrorist attacks linked to digital assets: UN

Up to 20% of terrorist attacks are financed by crypto-assets or otherwise linked to digital assets, a United Nations official told Bloomberg. The UN’s Svetlana Martynova said officials are detecting more cases of crypto use in terror-financing as they step up their scrutiny of such practices.
November 01, 2022 | ICBA NewsWatch Today   Cybersecurity Digital Assets 

Fed official answering FedNow questions at webinar today

ICBA Bancard today is hosting a webinar to answer community banker questions about the mid-2023 launch of the FedNow instant payments service.
November 01, 2022 | ICBA NewsWatch Today   Payments Instant Payments 

Blog: ICBA's reimagined ThinkTECH Accelerator to support year-round programming

The decision to bring the highly successful ThinkTECH Accelerator program in-house and introduce year-round programming was the natural progression in ICBA’s efforts to cultivate successful community bank-fintech partnerships that address today’s market challenges and opportunities, writes Charles Potts in a new blog post.
October 28, 2022 | ICBA NewsWatch Today   Technology 

CFPB kicks off personal financial data rights rulemaking

The Consumer Financial Protection Bureau issued a discussion guide which outlined options to strengthen consumers’ access to, and control over, their financial data as a first step before issuing a proposed data rights rule that would implement section 1033 of the Dodd-Frank Act.
October 28, 2022 | ICBA NewsWatch Today   Compliance 

FDIC minority bank subcommittee meeting tomorrow

The FDIC Advisory Committee on Community Banking’s Minority Depository Institutions Subcommittee will convene at 1 p.m. (Eastern time) tomorrow, Oct. 25.
October 24, 2022 | ICBA NewsWatch Today   MDI 

ICBA pushback on FHFA capital standards rules makes headlines

ICBA’s joint letter urging the Federal Housing Finance Agency to align its capital standards with federal banking agencies was covered in PoliticoPro, American Banker, and Housing Wire.
October 24, 2022 | ICBA NewsWatch Today   Capital Federal Housing Finance Agency 

Court rules CFPB funding structure unconstitutional

A federal appeals court ruled that the Consumer Financial Protection Bureau's funding method is unconstitutional.
October 21, 2022 | ICBA NewsWatch Today   Compliance 

CFPB directs credit bureaus to screen for nonsensical data in credit reports

The Consumer Financial Protection Bureau issued guidance directing consumer reporting companies to take necessary steps to detect and remove conflicting or nonsensical “junk data” from consumer credit reports.
October 21, 2022 | ICBA NewsWatch Today   Compliance 

FDIC board meeting tomorrow on assessments, supervisory appeals

The FDIC scheduled a board meeting for tomorrow to vote on its ICBA-opposed proposals to dramatically increase deposit insurance assessments and to eliminate its Office of Supervisory Appeals.
October 17, 2022 | ICBA NewsWatch Today   Deposit Insurance Deposit Insurance 

Interchange measure cut from defense bill, but threat remains

While a must-pass defense bill excludes ICBA-opposed legislation that would create new credit card routing mandates, ICBA continues urging community bankers to speak out against the proposed Durbin Amendment expansion.
October 17, 2022 | ICBA NewsWatch Today   Interchange 

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