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CFPB outlines proposals to remove medical bills from credit reports

The Consumer Financial Protection Bureau said it is beginning a rulemaking process to remove medical bills from Americans’ credit reports.

Sep 22, 2023
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Article
Compliance

Grassroots urgent as Senate prepares to act on 1071 reversal

With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to...

Sep 25, 2023
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Article
Compliance

SBA Advocacy roundtables on new overtime proposal

The Small Business Administration’s Office of Advocacy this week is hosting roundtable discussions on the Labor Department’s proposal to increase the number of employees who are entitled to...

Sep 25, 2023
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Article
Small Business Administration

ICBA opposing latest effort to advance credit card routing bill

ICBA continues calling on community bankers to urge their senators to oppose legislation that would impose credit card routing restrictions amid renewed efforts to attach it to government funding...

Sep 22, 2023
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Article
Credit Cards Payments

Consumer groups press CFPB for arbitration crackdown

Several consumer groups recently petitioned the Consumer Financial Protection Bureau for a rulemaking on pre-dispute arbitration.

Sep 22, 2023
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Article
Compliance

FDIC’s Hill cites credit unions in discussion of bank merger review

If the FDIC reopens its policies on bank mergers, it should consider competition from credit unions and other nonbank institutions that perform bank-like functions, FDIC Vice Chairman Travis Hill...

Sep 22, 2023
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Article
Compliance Credit Unions De Novo Banks

Another court rules against CFPB’s 1071 rule

Another federal district court has ruled that the Consumer Financial Protection Bureau may not enforce its Section 1071 small-business rule until the Supreme Court rules on the constitutionality of...

Sep 18, 2023
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Article
Compliance

ICBA ThinkTECH Solutions Forum Spotlights Faster Payments Offerings for Community Banks

ICBA hosted its first ThinkTECH Solutions Forum yesterday. This forum, which was designed to foster industry collaboration in support of community bank adoption of faster payments, is the first of...

Sep 15, 2023
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Article
Payments Technology Fintech Innovation