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Fed official answering FedNow questions at webinar today

ICBA Bancard today is hosting a webinar to answer community banker questions about the mid-2023 launch of the FedNow instant payments service.

Nov 01, 2022
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Article
Payments Instant Payments

Defense bill leaves out interchange measure, but ICBA campaign continues

The Senate version of a must-pass defense bill introduced this week excludes ICBA-opposed legislation that would create new credit card routing mandates, though the threat of the Durbin Amendment...

Oct 14, 2022
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Article
Interchange Lending Payments

ICBA, state groups urge opposition to Durbin Amendment expansion

ICBA and 44 state community banking associations called on Congress to oppose legislation that would create new credit card routing mandates that expand on Durbin Amendment interchange restrictions.

Oct 12, 2022
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Article
Credit Cards Payments

Digital Payments – New Conveniences, New Opportunities for Fraudsters

Though consumers have embraced ACH and wire transfers as essential ways to pay and move money, digital tools and other digital convenience offerings have increasingly become popular payment methods...

Oct 11, 2022
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Article
Payments

ICBA urges House to reject Durbin Amendment expansion

ICBA told House leaders it strongly opposes the Credit Card Competition Act of 2022 (H.R. 8874), controversial legislation to create new credit card routing mandates that expand on Durbin Amendment...

Sep 22, 2022
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Article
Lending Payments

ICBA urging grassroots messages opposing Durbin Amendment expansion

With ICBA-opposed legislation to expand on the Durbin Amendment now introduced in both the House and Senate, ICBA is calling on community bankers to continue the grassroots campaign against the...

Sep 23, 2022
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Article
Lending Payments

Liang: Treasury-led CBDC group a work in progress

The Treasury Department is still working out the details of a Treasury-led interagency work group on considering the adoption of a U.S. central bank digital currency, Treasury Undersecretary Nellie...

Sep 21, 2022
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Article
Payments

Article, campaign spotlight harmful impact of Durbin Amendment expansion

ICBA-opposed legislation to create new credit card routing mandates that expand on Durbin Amendment payments interventions would dramatically affect credit card rewards programs, according to a new...

Sep 19, 2022
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Article
Lending Payments