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CFPB issues guidance on credit denials by lenders using AI

The Consumer Financial Protection Bureau issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.

Sep 20, 2023
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Article
Compliance Technology

ICBA ThinkTECH Accelerator Alum Chimney Wins “Best of Show” Honors at FinovateFall 2023

The Independent Community Bankers of America (ICBA) celebrates this year’s FinovateFall 2023 Best of Show winner, Chimney, a member of the 2022 ICBA ThinkTECH Accelerator cohort.

Sep 19, 2023
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Article
Technology

Senate panel to mark up cannabis banking bill this month

The Senate Banking Committee said it would meet Sept. 27 to consider ICBA-advocated legislation to establish a safe harbor from federal sanctions for financial institutions that serve...

Sep 18, 2023
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Article
Cannabis banking

ICBA urges CBDC opposition at House hearing

ICBA reiterated to Congress its opposition to the creation of a U.S. central bank digital currency.

Sep 15, 2023
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Article
Digital Assets