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Pew research: Americans don’t think crypto is safe
More than six in 10 Americans (63%) say they have little to no confidence that investing in, trading, or using cryptocurrencies is reliable and safe, according to the Pew Research Center.
Independent Banker: Faster payments don’t have to lead to faster fraud
Addressing real-time payments fraud requires a combination of techniques—there's no silver bullet—according to the latest Independent Banker magazine.
FHA seeks feedback on housing proposals
The Federal Housing Administration posted two draft mortgagee letters on its Drafting Table for feedback:
CFPB: Companies must follow FCRA rules when tracking employees
The Consumer Financial Protection Bureau issued a circular that said that companies using third-party consumer reports must follow Fair Credit Reporting Act rules.
ICBA Remains Concerned with CFPB’s 1033 Rule Despite Community Bank Exemption
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Consumer Financial Protection Bureau’s 1033 final rule released today.
ICBA Foundation raising relief funds for multiple states
The ICBA Foundation’s Hurricane Relief Fund continues requesting tax-deductible donations to assist community bankers in Florida, Georgia, North Carolina, and South Carolina affected by Hurricanes...
FinCEN: Certain telecommunications service providers are exempt from beneficial ownership requirements
The FinCEN issued a final rule to clarify that certain telecommunications service providers qualify as “regulated public utilities” and are exempt from the Corporate Transparency Act’s beneficial...
ICBA: Latest Credit Union Acquisition Shows Why a Federal Response Is Needed
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement after the 19th acquisition of a tax-paying bank by a tax-exempt credit...