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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...

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

TCM Bank N.A., promotes Jay Hill to Senior Vice President, Transformation and Project Management

TCM Bank, N.A., the credit card bank of ICBA Bancard®, announced the promotion of Jay Hill from vice president of project management to senior vice president of transformation and project management.

Nov 04, 2022
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Article

Kari Mitchum Joins ICBA as Vice President, Payments Policy

The Independent Community Bankers of America (ICBA) today announced the hire of Kari Mitchum as vice president, payments policy.

Nov 03, 2022
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Article

CFPB reopens inquiry into Big Tech payments platforms

The Consumer Financial Protection Bureau reopened the public comment period on its series of orders collecting information on the business practices of large U.S. tech companies that operate...

Nov 01, 2022
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Article

More terrorist attacks linked to digital assets: UN

Up to 20% of terrorist attacks are financed by crypto-assets or otherwise linked to digital assets, a United Nations official told Bloomberg. The UN’s Svetlana Martynova said officials are...

Nov 01, 2022
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Article
Cybersecurity Digital Assets

Three Essential Strategies for a Winning Contact Center Culture Test

As the pandemic changed the way many customers do their banking, these emerging digital banking leaders took new guidelines and expectations in stride.

Oct 28, 2022
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Article

Three Essential Strategies for a Winning Contact Center Culture

As the pandemic changed the way many customers do their banking, these emerging digital banking leaders took new guidelines and expectations in stride.

Oct 28, 2022
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Article

Blog: ICBA's reimagined ThinkTECH Accelerator to support year-round programming

The decision to bring the successful ThinkTECH Accelerator program in-house and introduce year-round programming was the natural progression in ICBA’s efforts to cultivate community bank-fintech...

Oct 28, 2022
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Article
Technology

ICBA Foundation Receives Pledges of More Than $200,000 for Community Banks and Employees Affected by Hurricane Ian

The Independent Community Bankers of America Foundation announced that the disaster relief program, activated with ICBA-affiliated Florida Bankers Association, has over $200,000 pledged to assist...

Nov 03, 2022
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Article
Crisis Preparedness

ICBA Urges FHFA, Banking Agencies to Align Capital Rules

ICBA today called on the Federal Housing Finance Agency and the federal banking regulators to align their capital rules to avoid penalizing community banks for supporting local communities during...

Nov 01, 2022
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Article
Mortgage Lending U.S. Department of Housing and Urban Development (FHA/HUD) Housing Finance/GSEs

Fed official answering FedNow questions at webinar today

ICBA Bancard today is hosting a webinar to answer community banker questions about the mid-2023 launch of the FedNow instant payments service.

Nov 01, 2022
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Article
Payments Instant Payments

CFPB kicks off personal financial data rights rulemaking

The CFPB issued a discussion guide which outlined options to strengthen consumers’ access to, and control over, their financial data as a first step before issuing a proposed data rights rule that...

Oct 28, 2022
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Article
Compliance

Court rules CFPB funding structure unconstitutional

A federal appeals court ruled that the Consumer Financial Protection Bureau's funding method is unconstitutional.

Oct 21, 2022
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Article
Compliance

ICBA Strongly Opposes FDIC Vote on Assessment Rates

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s FDIC board vote approving an ICBA-opposed proposal to dramatically...

Oct 18, 2022
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Article
Deposit Insurance Deposit Insurance

FDIC minority bank subcommittee meeting tomorrow

The FDIC Advisory Committee on Community Banking’s Minority Depository Institutions Subcommittee will convene at 1 p.m. (Eastern time) tomorrow, Oct. 25.

Oct 24, 2022
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Article
Minority Owned Depository Institutions (MDI)

ICBA pushback on FHFA capital standards rules makes headlines

ICBA’s joint letter urging the Federal Housing Finance Agency to align its capital standards with federal banking agencies was covered in PoliticoPro, American Banker, and Housing Wire.

Oct 24, 2022
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Article
Capital Federal Housing Finance Agency

CFPB directs credit bureaus to screen for nonsensical data in credit reports

The Consumer Financial Protection Bureau issued guidance directing consumer reporting companies to take necessary steps to detect and remove conflicting or nonsensical “junk data” from consumer...

Oct 21, 2022
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Article
Compliance

FDIC board meeting tomorrow on assessments, supervisory appeals

The FDIC scheduled a board meeting for tomorrow to vote on its ICBA-opposed proposals to dramatically increase deposit insurance assessments and to eliminate its Office of Supervisory Appeals.

Oct 17, 2022
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Article
Deposit Insurance Deposit Insurance

Interchange measure cut from defense bill, but threat remains

While a must-pass defense bill excludes ICBA-opposed legislation that would create new credit card routing mandates, ICBA continues urging community bankers to speak out against the proposed Durbin...

Oct 17, 2022
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Article
Interchange