The Treasury Department and IRS continued pressing Congress to include an ICBA-opposed IRS reporting proposal in the pending budget package—demonstrating the continued need for community bankers to enlist consumers in opposing the plan.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Fannie Mae and Freddie Mac’s Preferred Stock Purchase Agreements.
The Cybersecurity and Infrastructure Security Agency announced its upcoming Fourth Annual National Cybersecurity Summit. The series of webinars every Wednesday in October will provide a forum for discussions of cybersecurity and collective action.
Whenever I hear the phrase, “the new normal” I’m reminded of the seismic shift in interactions with customers over the course of the pandemic. This is even more apparent when considering this new era in payments.
What exactly is cybersecurity? Cybersecurity, also known as information technology security, is the practice of protecting electronic systems, data, applications, and networks from the interference of the services they provide.
It may be hard to believe but we’re rapidly approaching the end of 2021. Given some of the significant trends and developments this year, 2022 is likely to be a pivotal year for payments as well.
As the timeline for 8-digit bank identification number (BIN) migration approaches, it is important to stay up to date on developments and next steps in preparation for the new industry standard.
We are in the midst of a transformative time in payments; COVID-19 has fueled an accelerated shift to digital channels, and meanwhile, new payment rails (instant) are being deployed and starting to gain adoption for the first time in decades.
As in-branch visits decrease and the number of digital transactions increase, it will be more important than ever to ensure customer interactions are personalized and user friendly.
The Independent Community Bankers of America (ICBA) is lending its voice to the thousands of organizations nationwide encouraging Americans to support locally owned businesses during National Small Business Week (Sept. 13-17).
A proposal to require banks to report customer account information to the IRS is eliciting strong consumer opposition, ICBA Secretary Tim Aiken wrote in a new op-ed.
The Occupational Safety and Health Administration is expected to release new standards following President Joe Biden’s executive order requiring COVID-19 vaccination and testing for private employers with 100 or more employees.
While Sen. Joe Manchin (D-W.Va.) has raised concerns about the price tag of budget-reconciliation legislation, Americans are speaking out against its pending IRS reporting provision, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed.
While ICBA’s IRS campaign continues, it is also calling on community bankers to speak out against a comprehensive package of tax increases on community banks and their customers.
ICBA published a summary of the Consumer Financial Protection Bureau’s proposed rule to implement Dodd-Frank Section 1071 data collection and reporting requirements for small-business lending.
Community banks reported net income growth of 28.7% in the second quarter from the same period last year, according to the FDIC's Quarterly Banking Profile.
Ahead of a House Ways and Means Committee markup starting today, ICBA reiterated its opposition to any proposal that would require banks to report customer account information to the IRS.
