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ICBA guidance on new FDIC approach to re-presented transactions

With the FDIC taking a new, stricter approach to how banks treat single items that are repeatedly rejected for insufficient funds, ICBA released member-protected fact sheet on the issue with...

Jul 05, 2022
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Article

CRA Partners/USI Alliance Names Ohio Community Banker New Chairman

CRA Partners/USI Alliance, an ICBA subsidiary, today announced the election of G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio, as chairman of the USI Alliance...

Jul 14, 2022
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Article

ICBA to House: Include cannabis, notarization bills in defense act

ICBA and other groups today are calling on the House to include a cannabis banking safe harbor in the fiscal 2023 National Defense Authorization Act (H.R. 7900).

Jul 13, 2022
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Article
Cannabis banking Data Security/Fraud Fraud

‘Buy now, pay later’ surge deflates merchant interchange push

While merchants are urging regulators to expand the Durbin Amendment, the recent surge of “buy now, pay later” is deflating their interchange arguments, according to ICBA’s latest blog post.

Jul 13, 2022
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Article
Interchange Payments