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Report: Most fraud complaints involve crypto

Most fraud-related complaints involve fraudulent crypto investments initiated through social media contacts that later develop into relationship confidence scams, according to the Securities and...

Dec 13, 2024
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Article
Digital Assets

ICBA tells Fed to improve discount window, protect FHLBs

The Federal Reserve should embrace technology to improve its discount window and preserve the role of the Federal Home Loan Banks in providing liquidity, ICBA told the agency.

Dec 11, 2024
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Article
Federal Reserve

ICBA’s Romero Rainey, Merski recognized as top lobbyists

ICBA President and CEO Rebeca Romero Rainey and Group Executive Vice President of Congressional Relations and Strategy Paul Merski were featured on The Hill’s 2024 list of the nation’s top lobbyists.

Dec 09, 2024
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Article

Report: Gaps in cross-border payment regulation open the door for fraud

Inconsistencies in regulations on cross-border payments create opportunities for fraud, money laundering, terrorist financing, and other illicit financial activities, according to the Financial...

Dec 16, 2024
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Article
Fraud

ICBA ThinkTECH Accelerator Cohort Revealed

The Independent Community Bankers of America® (ICBA) today announced the selected companies for its eighth ICBA ThinkTECH Accelerator program (AP8).

Dec 16, 2024
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Article

CFPB issues final rule capping overdraft fees

The Consumer Financial Protection Bureau issued a final rule on overdraft services that will cap fees at banks and credit unions with more than $10 billion in assets.

Dec 13, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Community bank net income rises in Q3

Community bank net income rose 6.7% in the third quarter on higher net interest income and was up 3.9% from a year ago, according to the FDIC’s latest Quarterly Banking Profile.

Dec 13, 2024
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Article
Federal Deposit Insurance Corporation (FDIC)

ICBA Strongly Opposes CFPB Overdraft Rule

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today issued the following statement on the Consumer Financial Protection Bureau’s final rule on overdraft...

Dec 12, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Overdraft Services