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FDIC issues computer incident notification guidance

The FDIC issued guidance on how banks it supervises can comply with recently established interagency incident notification requirements, effective May 1.

Mar 31, 2022
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Article
Compliance Federal Deposit Insurance Corporation (FDIC)

New blog post spotlights post-pandemic payments trends

ICBA’s latest blog post explores three post-pandemic payments trends and what they mean for community banks.

Mar 30, 2022
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Article
Advocacy Crisis Preparedness Digital Assets

OCC issues computer incident notification points of contact

The OCC issued a bulletin with the designated points of contact banks must use to satisfy recently established interagency incident notification requirements, effective May 1.

Mar 30, 2022
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Article
Compliance

CFPB targets credit card late fees in ‘junk fee’ effort

The Consumer Financial Protection Bureau said credit card issuers charged $12 billion in late fees in 2020 and that many have made these penalties “a core part of their profit model.”

Mar 30, 2022
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Article
Credit Cards

ICBA Bancard is Here to Help

Our mission at ICBA Bancard is to deliver flexible, innovative payments and digital commerce solutions that allow community banks to flourish. To this end, ICBA Bancard’s team is here to help and...

Mar 30, 2022
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Article
Payments

Instant Payments Fraud

Instant, faster, real-time: no matter how you describe the newest sets of payment rails, there are many questions as to how those payments may be protected.

Mar 30, 2022
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Article
Payments Instant Payments

FDIC follows OCC with proposed large-bank climate principles

The FDIC requested public comment on draft principles that would provide a high-level framework for institutions over $100 billion in assets to manage exposures to climate-related financial risks.

Mar 31, 2022
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Article
Advocacy Risk

DeFi platform crypto hack might be largest ever

Decentralized finance platform Ronin Network announced a hack of more than $625 million in cryptocurrencies, possibly the largest crypto hack on record.

Mar 30, 2022
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Article
Cybersecurity Digital Assets