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Join ICBA’s ThinkTECH Accelerator Showcase June 28 & 29

The Independent Community Bankers of America (ICBA) will host a two-day ICBA ThinkTECH Accelerator event featuring cohort graduates, where they will showcase their community bank offerings...

Jun 16, 2023
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Article

CFPB says it’s working to streamline mortgage-servicing rules

The Consumer Financial Protection Bureau said it will use stakeholder input to propose ways to simplify and streamline mortgage servicing rules.

Jun 16, 2023
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Article
Compliance

FDIC issues new cease-and-desist letters on deposit insurance claims

The FDIC issued a new series of letters demanding four nonbank entities cease making false or misleading representations about deposit insurance.

Jun 16, 2023
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Article
Deposit Insurance

Grassroots continues on 1071, rural lending efforts

ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to support resolutions and policies that affect community bankers across...

Jun 16, 2023
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Article
Agriculture Compliance Rural Development

ICBA and Senior Housing Crime Prevention Foundation Share Tips to Help Prevent Elder Financial Abuse

The Independent Community Bankers of America (ICBA) and its affiliate, the Senior Housing Crime Prevention Foundation (SHCPF), are providing tips for preventing elder financial abuse in recognition...

Jun 15, 2023
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Article
Elder Financial Abuse

Pro-Russia hackers planning attacks on financial targets: alert

Pro-Russia hackers are planning to conduct cyberattacks against Western financial targets, including Swift and the Federal Reserve, according to an alert from the U.S. government.

Jun 16, 2023
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Article
Cybersecurity

Lawmakers press Chopra on 1071 rule in House hearing

Members of Congress continued to press Consumer Financial Protection Bureau Director Rohit Chopra on the bureau’s ICBA-opposed Section 1071 data-collection rule during a second day of hearings on...

Jun 15, 2023
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Article
Compliance

ICBA supports SEC proposal to include more crypto firms in ‘exchange’ definition

ICBA expressed support for a Securities and Exchange Commission proposal confirming that crypto exchanges must follow the same rules of the road as other entities that trade securities.

Jun 15, 2023
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Article
Digital Assets

OCC: Banks should be ‘on balls of their feet’ in monitoring risk

While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.

Jun 15, 2023
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Article
Risk

Chopra: CFPB to solicit 1033 comments in coming months

The Consumer Financial Protection Bureau expects to seek comments on its pending rulemaking to establish standards for sharing consumer financial data in the coming months, CFPB Director Rohit...

Jun 13, 2023
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Article
Compliance

Instant Payments and Digital Transformation Go Hand in Hand

At ICBA Bancard, we continue to arm bankers with information and resources to support their instant payments and digital transformation (icba.org/digital-transformation) journeys.

Jun 13, 2023
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Article
Payments Instant Payments

Entering the Era of Instant Payments

On March 15 during the final general session at ICBA LIVE, the Federal Reserve announced that it will launch its much-anticipated FedNow Service in July. With instant payments already a central...

Jun 13, 2023
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Article
Payments Instant Payments

Answering the most common FedNow-related questions

For years, we’ve been waiting in the wings, anticipating the launch of an instant payments service by the Federal Reserve, so it feels surreal to say we’ve arrived.

Jun 13, 2023
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Article
Payments Instant Payments

Credit-Push Fraud: Recognizing the Signs

If you feel like it’s hard to stay on top of payments fraud trends these days, you would not be alone. The introduction of any new payment instrument opens the opportunity for criminals to dupe the...

Jun 13, 2023
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Article
Payments

Chairman's Column: Flipping the Switch - It's Time to Receive Instant Payments

For years, we’ve been waiting in the wings, anticipating the launch of an instant payments service by the Federal Reserve, so it feels surreal to say we’ve arrived.

Jun 13, 2023
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Article
Payments Instant Payments

ICBA, groups urge Congress to oppose credit card routing mandates

ICBA and other groups called on congressional leaders to oppose newly reintroduced legislation to impose routing mandates on credit card transactions.

Jun 12, 2023
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Article
Credit Cards Payments

ICBA seeking candidates for panel on CFPB rulemaking

ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair...

Jun 12, 2023
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Article
Compliance

Playing Catch-up with FedNow – The Greatest Hits of FedNow Resources and Reference Materials

With the July launch of FedNow looming, are you feeling behind in terms of learning more about the service, its impacts on your bank, and the steps needed to implement it?

Jun 13, 2023
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Article
Payments Instant Payments

ICBA seeking feedback on Nacha ACH risk management proposal

ICBA is seeking survey responses from member community bankers on the potential impact of nine Nacha proposals related to ACH risk management.

Jun 09, 2023
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Article
Risk

Agencies propose guidance on reconsiderations of value

Federal regulators requested public comment on proposed guidance addressing reconsiderations of value, or ROVs, for residential real estate transactions.

Jun 09, 2023
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Article
Compliance Housing Finance/GSEs