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FHA now accepting private flood insurance

The Federal Housing Administration said it will accept private flood insurance policies in which the borrower chooses to obtain a private policy instead of flood insurance available through the...

Nov 22, 2022
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Article
Flood Insurance Compliance

CFPB report targets credit bureaus, mortgage servicers

The Consumer Financial Protection Bureau issued a new Supervisory Highlights report spotlighting legal violations identified during its supervisory examinations in the first half of 2022. 

Nov 17, 2022
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Article
Compliance

Regulators investigating FTX crypto exchange amid liquidity crisis: report

Federal regulators are reportedly investigating cryptocurrency exchange FTX amid concerns of a liquidity crisis at the company and fallout on the rest of the crypto sector.

Nov 10, 2022
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Article
Digital Assets Technology

Lawmakers push Durbin Amendment expansion in must-pass bills

ICBA continues urging community bankers to speak out against a bill to expand on the Durbin Amendment as lawmakers seek to advance the measure during the lame-duck session.

Nov 10, 2022
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Article
Interchange Lending Payments

Senate’s Warren continues push for bank data on Zelle fraud

Sen. Elizabeth Warren (D-Mass.) this week sent letters to Wells Fargo and Early Warning Services—the parent company of the Zelle peer-to-peer payment platform—criticizing their response to her...

Nov 10, 2022
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Article

ICBA continues interchange push as lawmakers pursue must-pass bills

ICBA continues urging community bankers to speak out against a bill to expand on the Durbin Amendment as lawmakers seek to advance the measure during the lame-duck session.

Nov 09, 2022
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Article
Interchange

ICBA Bancard: Supporting Your Digital Payments Transformation Journey

Digital transformation is a hot topic and a broad concept. It's hard to go a day without hearing a related buzz word or related article on how to do it, why it's important, or what to focus on first.

Nov 08, 2022
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Article
Payments

The Emerging Influence of Open Banking

One of fintech companies’ most disruptive influences is not necessarily taking away primary deposit relationships, it’s how they motivate consumers to pick and choose apps for all kinds of services.

Nov 08, 2022
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Article
Payments