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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