The Independent Community Bankers of America today called on the National Credit Union Administration to withdraw and redraft a proposed rule that would allow tax-exempt credit unions to cut urban communities out of the membership areas they serve.
Independent Banker magazine, the award-winning monthly publication of ICBA, bestowed 2019 Best Community Banks to Work For honors upon five community banks that have gone above and beyond to create exceptional work experiences for their employees.
Recently, with the growing popularity of mobile wallets and contactless cards, we are seeing criminals using contactless near-field communication (NFC) acceptance as an alternative way to monetize stolen magnetic stripe data. With the number of cardholder payment options available to consumers (e.g. magnetic stripe, mobile, contact chip, and contactless chip) it is increasingly important for issuers to take a comprehensive validation approach across the different form factors and interfaces through which a payment can be made. Use of best practices for point-of-sale (POS) entry modes validation is an essential step for identifying and preventing fraud.
In order to help combat synthetic identity fraud, Electronic Consumer Based Social Security Number Verification, or eCBSV, is being developed as a result of section 215 of the Economic Growth, Regulatory Relief, and Consumer Protection Act, Public Law (PL) 115-174.
Provident Bank employees, family members, and friends recently competed in the Big Brother Big Sisters of Monmouth & Middlesex Counties’ Beach Volleyball Tournament in Manasquan, N.J.
ICBA President and CEO Rebeca Romero Rainey issued a statement following the U.S. Supreme Court’s announcement that it would hear a case on the constitutionality of the Consumer Financial Protection Bureau’s single-director governance.
Provident Bank, a leading New Jersey-based financial institution, today announced the promotion of three executives. Robert Vivo has been promoted to Senior Vice President, Regional Director and Darleen Gillespie and Paula Palermo will now both serve as First Vice President, Regional Manager and report to Vivo.
ICBA today announced its expanded Preferred Service Provider agreement with ProfitStars to include its commercial mobile remote deposit capture solution, JHA SmartPay mRDC.
ICBA today announced plans for a second ICBA ThinkTECH Accelerator in partnership with The Venture Center. The program will accept applications from early-stage and startup fintech hopefuls from Aug. 12 to Sept. 30.
