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Report: Romance scams grew 40% in 2024

Revenue from romance scams—also known as “pig butchering”—grew 40% last year and accounted for more than a third of all crypto-related scams, according to a report by Chainalysis.

Feb 14, 2025
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Article
Digital Assets

New blog post offers steps to a smooth ISO 20022 transition

After the Federal Reserve delayed the Fedwire Funds Service’s conversion to the ISO 20022 message format until July 14, a new ICBA blog post spotlights resources to help community banks prepare.

Feb 18, 2025
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Article
Federal Reserve

ICBA supports resolutions to scrap CFPB overdraft rule

ICBA expressed support for a new congressional effort to invalidate the Consumer Financial Protection Bureau’s final rule on overdraft protection programs, saying it is a deeply flawed and harmful...

Feb 18, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA: Community banks need be integral part of cyber incident response

ICBA commended the Cybersecurity and Infrastructure Security Agency’s efforts to create a better framework for responding to significant cyber incidents, but said community banks need to be an...

Feb 18, 2025
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Article
Cybersecurity