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ICBA opposing latest effort to advance credit card routing bill

ICBA continues calling on community bankers to urge their senators to oppose legislation that would impose credit card routing restrictions amid renewed efforts to attach it to government funding...

Sep 22, 2023
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Article
Credit Cards Payments

ICBA ThinkTECH Solutions Forum Spotlights Faster Payments Offerings for Community Banks

ICBA hosted its first ThinkTECH Solutions Forum yesterday. This forum, which was designed to foster industry collaboration in support of community bank adoption of faster payments, is the first of...

Sep 15, 2023
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Article
Payments Technology Fintech Innovation

Financial Services Industry Opposes Effort by Senators Durbin & Marshall to Force Credit Card Routing Mandates into Military Construction, Veterans Affairs Funding Bill

Today, 11 trade associations representing virtually all banks and credit unions released a joint statement opposing the effort by Sen. Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach credit...

Sep 15, 2023
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Article
Payments

ICBA Commends House Committee Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

The Independent Community Bankers of America (ICBA) today commended the House Financial Services Committee for passing ICBA-advocated legislation to restrict the ability of the federal government...

Sep 20, 2023
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Article
Digital Assets Payments

ICBA, groups oppose effort to slip credit card bill into military funding package

ICBA and other groups expressed united opposition to efforts by Sens. Roger Marshall (R-Kan.) and Richard Durbin (D-Ill.) to attach their ICBA-opposed credit card routing bill to a must-pass...

Sep 18, 2023
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Article
Credit Cards Payments

Senator renews push to advance ICBA-opposed credit card routing bill

ICBA is calling on community bankers to voice strong opposition to renewed efforts by Sen. Roger Marshall (R-Kan.) to force Senate consideration of legislation to advance credit card routing...

Sep 15, 2023
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Article
Payments

Swift says its cross-border payments already meet G20 target

The Swift financial transactions and payments network said 89% of cross-border payments are processed over its network in less than an hour, placing its transaction speed ahead of the G20’s...

Aug 23, 2023
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Article
Payments

Fed hosting FedNow town hall this month

The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.

Aug 11, 2023
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Article
Payments Faster Payments