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IRS issues November Child Tax Credit payments

IRS issues November Child Tax Credit payments The Treasury Department said families with roughly 61 million eligible children received more than $15 billion in the fifth batch of Advance Child Tax...

Nov 16, 2021
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Article
Taxes & Budget

House committee Republicans issue CBDC principles

House committee Republicans issue CBDC principles House Financial Services Committee Republicans released principles to guide Congress in evaluating potential proposals for a U.S. central bank...

Nov 16, 2021
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Article
Digital Assets Technology

IRS reporting press push continues

IRS reporting press push continues The community banking industry continued its media push against the IRS bank reporting proposal, which remains a threat even after it was recently left out of the...

Nov 09, 2021
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Article
Taxes & Budget

Treasury targets ransomware operators

Treasury targets ransomware operators The Treasury Department announced a new round of coordinated actions as part of the federal government’s response to ransomware. The Treasury Department...

Nov 09, 2021
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Article
Cybersecurity Technology

ICBA continues IRS push in congressional roundtable

ICBA continues IRS push in congressional roundtable ICBA continued pushing back against the IRS reporting proposal during testimony at a House Financial Services Committee Republican roundtable....

Nov 08, 2021
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Article
Taxes & Budget

ICBA releases new innovation podcast

ICBA releases new innovation podcast ICBA released the second podcast in its new Communities of Innovation series on community bank innovation stories and experiences. ICBA released the second...

Nov 08, 2021
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Article
Technology

CFPB targets faulty identity matching practices

CFPB targets faulty identity matching practices The Consumer Financial Protection Bureau issued an advisory opinion affirming that consumer reporting companies engaging in “shoddy name-matching...

Nov 05, 2021
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Article
Compliance

ICBA joining webinar on bank-like credit unions

ICBA joining webinar on bank-like credit unions ICBA Chairman Robert Fisher will participate in a National Taxpayers Union webinar scheduled for next week on the “rise of bank-like credit unions.”...

Nov 04, 2021
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Article
Credit Unions