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Fed outlines instant payments fraud considerations
Fed outlines instant payments fraud considerations The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments The Federal Reserve...
IRS issues another 2.3M EIPs
IRS issues another 2.3M EIPs The IRS said it disbursed more than 2.3 million additional Economic Impact Payments over the past two weeks. The latest batch includes those with official payment dates...
FS-ISAC Coronavirus Update, June 9, 2021
FS-ISAC Coronavirus Update, June 9, 2021 Declines in US Covid-19 cases, emergency department visits, hospital admissions and deaths were largest in age groups that were most vaccinated. according...
ICBA to Congress: Postal banking not the answer
ICBA to Congress: Postal banking not the answer ICBA told Congress that postal banking is not the solution to reaching more unbanked Americans and lawmakers should reject such proposals. ICBA told...
FS-ISAC Coronavirus Update, June 10, 2021
FS-ISAC Coronavirus Update, June 10, 2021 The seven-day average of daily US infections held below 15,000 as of Tuesday, according to data compiled by Johns Hopkins University, down 17% from a week...
Crapo challenges new bank IRS reporting proposal
Crapo challenges new bank IRS reporting proposal Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) pushed back against a Biden administration proposal that would require financial...
ICBA continues push against House ‘true lender’ repeal
ICBA continues push against House ‘true lender’ repeal ICBA and other groups again urged in a joint letter to House members their opposition to a Senate-passed resolution to repeal the OCC’s “true...
Swap guidance continues LIBOR transition
Swap guidance continues LIBOR transition A Commodity Futures Trading Commission panel recommended best practices for switching interdealer trading conventions from LIBOR to the Secured Overnight...