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Challenge to credit card late fee rule introduced in Senate

An ICBA-backed resolution to nullify the Consumer Financial Protection Bureau’s final rule to cut credit card late fees was introduced in the Senate.

Apr 09, 2024
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Article
Credit Cards

CFPB reports on credit reporting violations as it considers rulemaking

The Consumer Financial Protection Bureau issued a report on accuracy problems in the credit reporting system.

Apr 09, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA Capital Summit this month

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event slated for April 28-May 1 in Washington, D.C.

Apr 09, 2024
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Article

Hsu suggests banks should be liable for authorized transactions

Acting Comptroller of the Currency Michael Hsu indicated he supports requiring banks to reimburse customers tricked into sending money to fraudulent accounts.

Apr 05, 2024
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Article
Fraud

Independent Banker profiles ICBA board of directors

This month’s ICBA Independent Banker magazine introduces the 2024-2025 ICBA board of directors.

Apr 04, 2024
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Article

SEC suspends ICBA-opposed climate-disclosure rule

The Securities and Exchange Commission suspended the implementation of its ICBA-opposed final rule requiring climate-related investor disclosures.

Apr 08, 2024
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Article
Security

CFPB monitoring use of mortgage discount points

The Consumer Financial Protection Bureau said it is monitoring the increase in homebuyers paying “discount points” in recent years.

Apr 08, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Community Bankers to Convene for ICBA Capital Summit in the Nation’s Capital

The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during the 2024 ICBA Capital Summit from April 28 to May 1 in Washington.

Apr 08, 2024
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Article