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ICBA urging comments supporting updated TRID disclosures

ICBA is encouraging community bankers to call on the Consumer Financial Protection Bureau to adopt an ICBA proposal to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure...

Mar 03, 2023
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Article
Compliance

Treasury lays out objectives of CBDC working group

A Treasury-led interagency working group charged with advancing work on a possible U.S. central bank digital currency has narrowed its objectives into three key policy areas, Treasury's Nellie...

Mar 02, 2023
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Article
Payments

Special-purpose nonbank Custodia continues push for Fed master account

Custodia Bank is reportedly continuing its effort to procure a master account with the Federal Reserve after the special-purpose depository institution was denied last month.

Feb 21, 2023
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Article
Federal Reserve

Report on cross-border settlements could influence CBDC debate

The Bank for International Settlements issued a report to help central banks extend operating hours for real-time gross settlement systems to reduce delays in cross-border payments settlement.

Feb 21, 2023
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Article
Digital Assets