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Financial Services Industry Opposes Effort by Senators Durbin & Marshall to Force Credit Card Routing Mandates into Military Construction, Veterans Affairs Funding Bill
Today, 11 trade associations representing virtually all banks and credit unions released a joint statement opposing the effort by Sen. Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach credit...
CFPB updates FAQs on 1071 rule
The Consumer Financial Protection Bureau updated its frequently asked questions on its Section 1071 small-business rule.
Innovation and relationship banking define community bank value proposition: ICBA leaders
Data show that consumers and small businesses value the symbiotic relationship between innovation and relationship banking that community banks offer, ICBA community bankers wrote in a new LinkedIn...
ICBA Commends House Committee Passage of Bill Barring Creation of U.S. Central Bank Digital Currency
The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for passing ICBA-advocated legislation to restrict the ability of the federal government...
CFPB issues guidance on credit denials by lenders using AI
The Consumer Financial Protection Bureau issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.
ICBA ThinkTECH Accelerator Alum Chimney Wins “Best of Show” Honors at FinovateFall 2023
The Independent Community Bankers of America (ICBA) celebrates this year’s FinovateFall 2023 Best of Show winner, Chimney, a member of the 2022 ICBA ThinkTECH Accelerator cohort.
ICBA, groups oppose effort to slip credit card bill into military funding package
ICBA and other groups expressed united opposition to efforts by Sens. Roger Marshall (R-Kan.) and Richard Durbin (D-Ill.) to attach their ICBA-opposed credit card routing bill to a must-pass...
Senate panel to mark up cannabis banking bill this month
The Senate Banking Committee said it would meet Sept. 27 to consider ICBA-advocated legislation to establish a safe harbor from federal sanctions for financial institutions that serve...