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Report: Gaps in cross-border payment regulation open the door for fraud

Inconsistencies in regulations on cross-border payments create opportunities for fraud, money laundering, terrorist financing, and other illicit financial activities, according to the Financial...

Dec 16, 2024
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Article
Fraud

ICBA ThinkTECH Accelerator Cohort Revealed

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eighth ICBA ThinkTECH Accelerator program (AP8).

Dec 16, 2024
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Article

CFPB issues final rule capping overdraft fees

The Consumer Financial Protection Bureau issued a final rule on overdraft services that will cap fees at banks and credit unions with more than $10 billion in assets.

Dec 13, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Community bank net income rises in Q3

Community bank net income rose 6.7% in the third quarter on higher net interest income and was up 3.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

Dec 13, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)