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CFPB, Colorado AG hosting joint office hours

CFPB, Colorado AG hosting joint office hours The Consumer Financial Protection Bureau and Office of the Colorado Attorney General announced joint office hours focused on financial innovation on...

Nov 17, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB issues debt-collection compliance guide

CFPB issues debt-collection compliance guide The Consumer Financial Protection Bureau released a guide on its compliance aids related to its final rule implementing the Fair Debt Collection...

Nov 16, 2020
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Article
Compliance Compliance

Payment info in credit reports varies by account type: CFPB

Payment info in credit reports varies by account type: CFPB The share of installment-loan credit accounts with payment amount information furnished to credit reporting agencies has trended upward...

Nov 13, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB issues resources on housing help

CFPB issues resources on housing help The Consumer Financial Protection Bureau released brochures, videos, and other resources to help consumers seeking mortgage and housing assistance during the...

Nov 13, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

DOJ sues to block Visa acquisition of Plaid

DOJ sues to block Visa acquisition of Plaid The Justice Department sued Visa to stop its $5.3 billion acquisition of Plaid, a fintech firm. The DOJ said Visa is a monopolist in online debit...

Nov 06, 2020
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Article
Fintech Regulation

Visa American Mood Trends Report (November 2020)

Visa American Mood Trends Report (November 2020) The Visa Business and Economics Insights team reports on consumer confidence in October. The Visa Business and Economics Insights team reports on...

Nov 10, 2020
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Article

ICBA raises questions over CDFI proposal

ICBA raises questions over CDFI proposal ICBA expressed concern with a CDFI Fund proposal that would diminish the number of Community Development Financial Institutions and threaten the survival of...

Nov 06, 2020
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Article
Community Reinvestment Act (CRA)

Unlimited webinars for educational binge-watching

Unlimited webinars for educational binge-watching Community Banker University's Unlimited Webinar Pass helps community bankers keep up with emerging trends and regulatory issues by offering...

Nov 05, 2020
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Article

EIDL-PPP grassroots push continues

EIDL-PPP grassroots push continues While ICBA works with policymakers to address Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts, it continues encouraging community...

Nov 04, 2020
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Article
Advocacy Crisis Preparedness

ICBA keeps up EIDL push as pressure rises

ICBA keeps up EIDL push as pressure rises ICBA is urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP...

Nov 03, 2020
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Article

Visa Global Economic Insights (Oct. 2020)

Visa Global Economic Insights (Oct. 2020) The latest Global Economic Insights report from Visa provides a COVID-19 Economic Impact Index, plus insights on travel and tourism recovery and small and...

Nov 02, 2020
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Article

Senator ups pressure to address EIDL-PPP conflict

Senator ups pressure to address EIDL-PPP conflict Sen. Steve Daines (R-Mont.) called on Senate Small Business Committee leaders to resolve the conflict between Economic Injury Disaster Loan...

Nov 02, 2020
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Article

CFPB grants no-action letter for BofA small-dollar products

CFPB grants no-action letter for BofA small-dollar products The Consumer Financial Protection Bureau granted a no-action letter to Bank of America for certain small-dollar credit products for BofA...

Nov 06, 2020
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Article
Consumer Financial Protection Bureau (CFPB)

Coin Task Force seeks survey responses

Coin Task Force seeks survey responses The U.S. Coin Task Force is seeking feedback on a five-minute survey on coin circulation disruptions. Survey responses are due by close of business Wednesday,...

Nov 04, 2020
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Article
Advocacy

ICBA releasing election analysis tomorrow

ICBA releasing election analysis tomorrow With Election Day polls closing tonight, ICBA tomorrow will release an analysis on the 2020 election results and what they mean for community banks. With...

Nov 03, 2020
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Article

Fed increases access to Main Street Lending Program

Fed increases access to Main Street Lending Program The Federal Reserve Board reduced the minimum loan size for its Main Street Lending Program from $250,000 to $100,000 and adjusted fees to...

Nov 02, 2020
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Article

CFPB issues debt-collection rule with ICBA-advocated change

CFPB issues debt-collection rule with ICBA-advocated change The Consumer Financial Protection Bureau issued a final rule to implement the Fair Debt Collection Practices Act, which restricts debt...

Nov 02, 2020
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Article
Compliance Compliance

Agencies propose regulation on supervisory guidance

Agencies propose regulation on supervisory guidance Federal financial regulators invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated...

Oct 30, 2020
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Article
Regulatory Relief

Checks decline at faster pace as alternative payments grow: Fed

Checks decline at faster pace as alternative payments grow: Fed The Federal Reserve Board said the number of checks issued from 2015 to 2018 declined by 8.2 percent per year, a faster pace than the...

Oct 30, 2020
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Article
Federal Reserve

Alex Galeano Joins ICBA as SEVP and Chief Financial Officer

Alex Galeano Joins ICBA as SEVP and Chief Financial Officer The Independent Community Bankers of America today announced that Alex Galeano has joined the organization as senior executive vice...

Oct 28, 2020
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Article