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ICBA Reviewing Fed Discussion Paper on U.S. Central Bank Digital Currency
ICBA Reviewing Fed Discussion Paper on U.S. Central Bank Digital Currency Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the...
CFPB to examine colleges’ in-house lending practices
The Consumer Financial Protection Bureau said it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students.
Fed issues expected FedNow pricing approach
Fed issues expected FedNow pricing approach The Federal Reserve released its anticipated pricing approach for its FedNow instant payments service ahead of next year’s launch. The Federal Reserve...
Joint Trades Statement on CFPB Request for Information on Fees
Joint Trades Statement on CFPB Request for Information on Fees The following statement was issued by the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Credit...
ICBA-CISA launching series of cybersecurity exercises
ICBA-CISA launching series of cybersecurity exercises ICBA and the Cybersecurity and Infrastructure Security Agency are hosting a first-of-its-kind series of exercises in February and May to...
FinCEN proposes SAR-sharing pilot program
FinCEN proposes SAR-sharing pilot program The Financial Crimes Enforcement Network proposed establishing a limited-duration pilot program for sharing suspicious activity reports, in accordance with...
Fed issues long-awaited CBDC discussion paper
Fed issues long-awaited CBDC discussion paper The Federal Reserve Board released a long-awaited discussion paper that examines the pros and cons of a potential U.S. central bank digital currency,...
CFPB study: Depositories lead on supplier diversity
CFPB study: Depositories lead on supplier diversity A Consumer Financial Protection Bureau study on diversity and inclusion in the financial services sector found depository lenders had the...