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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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'Beneficial owner' reform included in defense bill set for final vote

ICBA-advocated legislative language to provide relief from "beneficial ownership" disclosure mandates is included in compromise spending legislation headed to a final congressional vote.
December 04, 2020 | ICBA NewsWatch Today   BSA/AML 

ICBA pushes PPP expense deductibility

ICBA and more than 500 other groups called on Congress to pass a technical correction amending the CARES Act to explicitly provide that PPP loan-forgiveness funds that cover business expenses are tax deductible.
December 04, 2020 | ICBA NewsWatch Today  

Scott, Thompson set to take over House Ag Committee

Rep. David Scott (D-Ga.) will be the next House Agriculture Committee chairman after winning the vote of the House Democratic Caucus.
December 04, 2020 | ICBA NewsWatch Today   Agriculture 

Maximizing Your Credit Card Portfolio in a COVID-19 Environment

COVID-19 has created financial strain for millions of Americans. For example, 56 percent of consumers have reported difficulties paying bills due to loss of employment or income, and another 76 percent of small businesses have acknowledged cash flow shortages.
December 03, 2020 | Payments Quarterly  

A Note from the Chairman

Overnight, our banks were called upon to enhance and expand our digital offerings not because they perhaps needed a technology upgrade, but because our customers needed to be able to transact in new, remote ways.
December 03, 2020 | Payments Quarterly  

Marketing Payments Products to Small Business Customers

As community bank payment products become an increasingly central product line for small business customers, community banks are seeking new ways to connect with this important segment in today’s digitized environment.
December 03, 2020 | Payments Quarterly  

Now is the time for card modernization

Digital transformation isn’t just a buzzword—it’s become a critical need that will determine winners and losers in the coming year. The delay in innovation within banking has meant that many card issuers are now rushing to catch up with the technology adoption seen in other industries.
December 03, 2020 | Payments Quarterly  

Protecting Against Fraud as Adoption of Digital Payments Soar

The global pandemic has prompted consumers to reimagine how they interact with others, how they handle their daily duties, and how they conduct their financial business.
December 03, 2020 | Payments Quarterly  

Shift in Spending Habits Spurs Acceleration of Digital Payments Transformation

Community banks were already planning for a digital payments transformation, but the shift in spending habits during the coronavirus quarantine caused many community banks to accelerate, or prioritize, that transformation.
December 03, 2020 | Payments Quarterly  

Lincoln Savings Bank Among Top SBA Lenders in Iowa for FY 2020

Lincoln Savings Bank (LSB) is one of the top SBA lenders in the state of Iowa for fiscal year 2020, and a recipient of three SBA “Top Lender” awards from the Iowa District Office. LSB was recognized yesterday for:
December 03, 2020 | News  

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