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FDIC issues computer incident notification guidance

The FDIC issued guidance on how banks it supervises can comply with recently established interagency incident notification requirements, effective May 1.

Mar 31, 2022
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Article
Compliance Federal Deposit Insurance Corporation (FDIC)

New blog post spotlights post-pandemic payments trends

ICBA’s latest blog post explores three post-pandemic payments trends and what they mean for community banks.

Mar 30, 2022
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Article
Advocacy Crisis Preparedness Digital Assets

OCC issues computer incident notification points of contact

The OCC issued a bulletin with the designated points of contact banks must use to satisfy recently established interagency incident notification requirements, effective May 1.

Mar 30, 2022
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Article
Compliance

CFPB targets credit card late fees in ‘junk fee’ effort

The Consumer Financial Protection Bureau said credit card issuers charged $12 billion in late fees in 2020 and that many have made these penalties “a core part of their profit model.”

Mar 30, 2022
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Article
Credit Cards