Main Street Matters Blog

Community banks have gotten it right again. With the evolution of technology and the rise of a movement to all digital-banking, others within the industry have been chasing new channels with fervor trying to find the silver bullet that ensures their relevancy.

First-party fraud and synthetic identity fraud is an area of growing concern, exacerbated by difficulties of identifying these attacks, but there are ways the industry is fighting back.

ICBA continues to lead the opposition to mixing banking and commerce through exploitation of the ILC loophole, recently expressing strong support for new legislation that would close it.

While all faster payments options have one thing in common—moving money and information faster—there are often distinct differences or subtleties when comparing today’s various faster payments offerings.

“Because we’ve always done it that way” are perhaps the seven most painful words in the English language when it comes to innovation. It’s the death of new ideas that challenge conventional ways of thinking and the antithesis of the ICBA ThinkTECH Accelerator program.

It’s the fastest growing type of financial crime in the U.S., costing U.S. lenders $6 billion in 2016, and it’s not what you might think.

With minority depository institutions continuing to serve a crucial role, their decrease from a high of 215 in 2008 to less than 150 today is a significant concern.

Fostering innovation is critical to ensure community banks continue delivering high-tech, high-touch service. So, as ICBA looked ahead to how we could help community banks strategically align resources in support of innovation, we knew we would need to make an investment in the future.

The latest news from Wells Fargo reinforces what we've long known about Wall Street—when the going gets tough, the megabanks head for the exits.

Several ICBA staffers are handing out Halloween cards and candy to every congressional office on Capitol Hill to encourage lawmakers and staff to open their eyes to credit unions' risky practices, costly tax subsidies, and irresponsibly lax oversight.