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N.Y. banking agency issues crypto guidance

The New York Department of Financial Services released guidance for New York-regulated banking organizations that wish to engage in virtual currency-related activities.

Dec 16, 2022
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Article
Compliance

FS-ISAC spotlights Cuba ransomware, smash-and-grab mitigation

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary spotlights the recent Joint Cybersecurity Advisory on Cuba ransomware variants.

Dec 13, 2022
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Article
Cybersecurity Technology

New ICBA Polling Shows Consumer Opposition to Bill That Would End Credit Card Rewards Programs

As Congress considers legislation to apply routing restrictions to credit card transactions — which would end popular credit card rewards programs — the ICBA released new polling...

Dec 13, 2022
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Article
Credit Cards

Grassroots needed on cannabis banking, Durbin Amendment

While the National Defense Authorization Act excludes ICBA-advocated cannabis banking legislation and ICBA-opposed language to expand the Durbin Amendment, the debate over both initiatives continues.

Dec 13, 2022
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Article
Cannabis banking Lending