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Cannabis banking co-sponsors in talks on compromise Senate bill

Lead co-sponsors of ICBA-advocated legislation to allow legal cannabis-related businesses to access banking services said they are working with key senators to advance the House-passed bill in the...

Sep 15, 2022
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Article
Cannabis banking

CFPB: Credit report furnishers must investigate disputes

The Consumer Financial Protection Bureau said the Fair Credit Reporting Act requires credit report furnishers to investigate potential inaccuracies in consumer credit reports.

Sep 15, 2022
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Article
Compliance

Durbin Amendment expansion grassroots continues

Community bankers can continue using ICBA’s Be Heard grassroots action center to oppose legislation that would create new credit card routing mandates that expand on Durbin Amendment payments...

Sep 15, 2022
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Article
Lending Payments

FinCEN underestimating burden of info-sharing requests: ICBA

The Financial Crimes Enforcement Network underestimates the regulatory burden of information sharing requests between banks and law enforcement under the USA PATRIOT Act, ICBA told the agency.

Sep 13, 2022
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Article
Data Security/Fraud Technology Financial Crimes Enforcement Network (FinCEN)