Search
New BIS report raises concerns with stablecoins
The Bank for International Settlements said that while tokenization can enhance efficiency & open new possibilities in cross-border payments & securities markets, stablecoins pose a risk to...
House passes ICBA-supported bill to restrict mortgage ‘trigger leads’
The House of Representatives passed ICBA-advocated legislation to restrict credit reporting agencies from selling consumers’ contact information when they apply for a residential mortgage.
Nissan is latest automaker to apply for ILC charter
Nissan this week became the latest automaker to apply to form an industrial loan company in Utah.
FHA seeks input on the effect of BNPL loans on housing affordability
The Federal Housing Administration published a request for information regarding “buy now, pay later” unsecured debt.
ICBA to CFPB: Section 1033 should not be mandated for community banks
ICBA told the CFPB that community banks already meet the requirements of Section 1033 of the Dodd-Frank Act by providing consumers with electronic access to their financial data through online...
Fed’s Bowman: Community bank leverage ratio should be recalibrated
Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed should reconsider capital requirements for a wide range of banks, including the calibration of the community bank leverage...
Scott Anchin: How to Prevent Wire Fraud
With electronic payments increasingly the norm, wire fraud is becoming more common and varied in format.
West Shore Bank and Timberland Bank Offer Unique Avenues for Charitable Giving
West Shore Bank and Timberland Bank are fostering generosity by giving their customers unique avenues to support local charities.