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Agencies sunsetting Cybersecurity Assessment Tool
Federal banking regulators said they are sunsetting the Federal Financial Institutions Examination Council the Cybersecurity Assessment Tool on Aug. 31, 2025.
ICBA: Bill targeting financial fraud would increase scams
ICBA and other groups told members of Congress that their legislation to shift liability for authorized transactions to financial institutions would increase scams.
Fed’s Waller: Domestic networks for fast payments need to be developed before international links
Federal Reserve Governor Christopher Waller said global networks for fast payments would have to be founded on well-developed domestic networks or it “could end up being a road to nowhere.”
CFPB report: Retail chains charging cash-back fees to customers using debit cards
The Consumer Financial Protection Bureau issued a report that said Americans are paying tens of millions of dollars in fees to access their own money when getting cash back at large retail stores...