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Central bank group says CBDC experiment successful

The Bank for International Settlements said an experiment showed that wholesale central bank digital currencies can be used to facilitate cross-border trading and settlement between financial...

Sep 29, 2023
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Article
Digital Assets

FinCEN proposes extending deadline for filing beneficial owner info

The Financial Crimes Enforcement Network issued a proposal to extend the deadline for certain reporting companies to file their initial beneficial ownership information reports.

Sep 28, 2023
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Article
Compliance

Independent Banker focuses on all things cybersecurity

The October issue of ICBA Independent Banker magazine features six things community banks need to know about cybersecurity today.

Oct 03, 2023
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Article
Cybersecurity

ICBA urging outreach on 1071, credit card legislation

ICBA continues urging community bankers to reach out to their lawmakers on two key initiatives pending in Congress.

Oct 03, 2023
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Article
Lending Payments

New ICBA podcast on how community banks can use AI

The latest episode of ICBA’s “Independent Banker” podcast spotlights what artificial intelligence means for community banks and how they can take advantage of it.

Oct 02, 2023
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Article
Technology

Short-term funding extension averts government shutdown

Congress on Saturday passed a short-term government funding extension, which President Joe Biden signed into law, averting a government shutdown. The agreement keeps the government funded at...

Oct 02, 2023
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Article
Crisis Preparedness

FinCEN issues updated guidance on beneficial ownership reporting

The Financial Crimes Enforcement Network issued additional guidance and resources on pending beneficial ownership information reporting requirements.

Oct 02, 2023
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Article
Compliance Technology

FDIC updates consumer compliance exam manual

The FDIC issued an updated version of its Consumer Compliance Examination Manual, which exam staff use for supervisory activities.

Sep 29, 2023
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Article
Compliance