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CFPB targets credit card interest, fees in latest report

The Consumer Financial Protection Bureau said total outstanding credit card debt eclipsed $1 trillion last year for the first time since the CFPB began collecting this data.

Oct 26, 2023
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Article
Compliance

Regulators approve Community Reinvestment Act final rule

Federal regulators issued an interagency final rule to reform Community Reinvestment Act regulations.

Oct 25, 2023
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Article
Compliance Community Reinvestment Act (CRA)

Fed meeting today on revising debit interchange fee cap

The Federal Reserve Board is scheduled to meet at 1 p.m. (Eastern time) today on proposed revisions to the agency’s debit interchange fee cap.

Oct 25, 2023
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Article

Agencies acting today on CRA, climate rulemakings

Federal agencies today are set to act on Community Reinvestment Act reform and climate risk.

Oct 24, 2023
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Article
Federal Deposit Insurance Corporation (FDIC)

New risk management subgroup on ICBA Community

ICBA launched a new risk management subgroup on its ICBA Community online platform.

Oct 24, 2023
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Article

AI webinar bundle starts this week

ICBA this week kicks off a new webinar series to provide community bankers a primer on artificial intelligence.

Oct 23, 2023
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Article
Fintech Innovation

Blog post: the evolving domestic regulatory environment for digital assets

A new ICBA blog post discusses the pursuit of policy initiatives around digital assets by prudential regulators, the White House, and the Treasury Department.

Oct 24, 2023
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Article
Digital Assets

ICBA, groups urge Fed to reject changes to debit card interchange fees

ICBA and other groups urged the Federal Reserve Board to reject merchant requests for further changes to Regulation II governing debit card interchange fees during this week’s board meeting.

Oct 23, 2023
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Article