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FS-ISAC Coronavirus Update, May 5, 2021
FS-ISAC Coronavirus Update, May 5, 2021 So far, about 145 million adults - about 56% of the adult population in the US - have received at least one dose of Covid-19 vaccine, according to the latest...
Bowman provides reg update on fintech partnerships
Bowman provides reg update on fintech partnerships A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and...
Fed: banking system showing resilience
Fed: banking system showing resilience Financial institutions’ strong capital and liquidity positions have enabled the banking system to support the U.S. economic recovery, the Federal Reserve...
Capital Summit grassroots continue today
Capital Summit grassroots continue today While this week’s ICBA Capital Summit concludes today, ICBA is urging community bankers to continue engaging their elected officials with grassroots...
Fed proposes standards for accessing Fed accounts, payments system
Fed proposes standards for accessing Fed accounts, payments system The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system,...
IRS issues another 1.1M EIPs
IRS issues another 1.1M EIPs The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan. The IRS said it is disbursing another 1.1...
FS-ISAC Coronavirus Update, May 6, 2021
FS-ISAC Coronavirus Update, May 6, 2021 The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8...
PPP general fund exhausted
PPP general fund exhausted The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain...