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Free Credit Freezes Are Here

Free Credit Freezes Are Here A provision of S. 2155 requiring credit reporting agencies to freeze consumer credit reports at no charge took effect Friday. These security or credit freezes restrict...

Sep 24, 2018
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Statement on FDIC Call Report Proposal

ICBA Statement on FDIC Call Report Proposal ICBA President and CEO Rebeca Romero Rainey issued a statement on federal regulators’ proposed rule to implement quarterly reporting relief required by...

Nov 07, 2018
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Article
Call Report Regulatory Relief

FDIC Call Features S. 2155 Consumer Compliance Provisions

FDIC Call Features S. 2155 Consumer Compliance Provisions The FDIC is hosting an upcoming teleconference on consumer compliance topics related to the S. 2155 regulatory relief law. Scheduled for 2...

Oct 15, 2018
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Article
Compliance

FinCEN Issues Advisory on Iran

FinCEN Issues Advisory on Iran The Financial Crimes Enforcement Network issued an advisory to help financial institutions better detect and report potentially illicit transactions related to Iran....

Oct 15, 2018
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Article
Compliance

Boston Fed Encourages Tokenization Collaboration

Boston Fed Encourages Tokenization Collaboration Federal Reserve Bank of Boston researchers encouraged stakeholders to continue collaborating on the development of payment tokenization. Noting that...

Oct 01, 2018
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Article
Payments

FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks

FinCEN Wants to Talk BSA Reporting with Hurricane-Affected Banks The Financial Crimes Enforcement Network said financial institutions affected by Hurricane Florence should contact FinCEN and their...

Oct 01, 2018
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Article
Advocacy

Facebook Breach Affects 50M Users

Facebook Breach Affects 50M Users Facebook announced a security breach affecting nearly 50 million accounts. Facebook announced a security breach affecting nearly 50 million accounts. Attackers...

Oct 01, 2018
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Article
Data Breach Data Security/Fraud

‘Tax Reform 2.0’ Passes House

‘Tax Reform 2.0’ Passes House The House passed legislation to permanently extend the lower individual tax rates included in the tax reform law signed late last year. Known as “Tax Reform 2.0,” the...

Oct 01, 2018
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Article
Taxes & Budget