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Fed proposes changes to interchange regs
Fed proposes changes to interchange regs The Federal Reserve Board invited public comment on proposed changes to Regulation II (Debit Card Interchange Fees and Routing). The Federal Reserve Board...
ARRC issues market indicators supporting LIBOR alternative
ARRC issues market indicators supporting LIBOR alternative The Alternative Reference Rates Committee last week published market indicators it will consider in recommending a forward-looking Secured...
ICBA to FinCEN: exempt banks from beneficial owner mandates
ICBA to FinCEN: exempt banks from beneficial owner mandates ICBA called on the Financial Crimes Enforcement Network to amend its customer due diligence rules and withdraw its requirement that banks...
FS-ISAC Coronavirus Update, May 7, 2021
FS-ISAC Coronavirus Update, May 7, 2021 Americans have entered a new, hopeful phase of the pandemic as the outlook has improved across the nation, with cases and hospitalizations at their lowest...
Treasury extends MDI, CDFI program
Treasury extends MDI, CDFI program The Treasury Department extended its program to invest in Minority Depository Institutions and Community Development Financial Institutions, as requested by ICBA....
Postal banking won’t deliver: letter
Postal banking won’t deliver: letter While increasing financial inclusion and improving U.S. Postal Service financial stability are worthy goals, postal banking would accomplish neither,...
FS-ISAC Coronavirus Update, May 5, 2021
FS-ISAC Coronavirus Update, May 5, 2021 So far, about 145 million adults - about 56% of the adult population in the US - have received at least one dose of Covid-19 vaccine, according to the latest...
Bowman provides reg update on fintech partnerships
Bowman provides reg update on fintech partnerships A recent column from Federal Reserve Gov. Michelle Bowman provides an update on regulatory efforts to promote community bank innovation and...