With the Federal Reserve closing in on its decision about whether to take a leadership role in faster payments, ICBA is urging community bankers to contact policymakers in support of Fed involvement.
ICBA Bancard, the payments services subsidiary of ICBA, announced today the election of Gregory Deckard, president, chairman and CEO of State Bank Northwest in Spokane Valley, Wash., as chairman of its board of directors.
Account takeover fraud (ATO) continues to challenge consumers, businesses, and the financial services industry. This article examines today's ATO landscape and offers recommendations and protections for consumers, merchants, and financial institutions.
ICBA urged Congress to require all entities that are responsible for handling personal consumer information to be held to the same standards as financial institutions.
The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to implement the Fair Debt Collection Practices Act. Under its proposal, debt collectors would be restricted in how frequently, and the way in which they contact consumers. The proposal also provides additional information to consumers to help them identify debts and respond to collection attempts.
The FDIC is requesting feedback on proposed revisions to the call report. The revision introduces reporting requirements on the proposed Community Bank Leverage Ratio.
Community bank grassroots advocacy was instrumental in passing the S. 2155 regulatory relief law and remains critical to advancing additional reforms, Senate Banking Committee Chairman Mike Crapo (R-Idaho) told community bankers in Washington.
ICBA called on the Consumer Financial Protection Bureau to identify potential benefits and burdens before rules are promulgated, including forthcoming rules on small-business data collection.
ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s House Financial Services Committee hearing on holding megabanks accountable.
Incoming ICBA Chairman Preston Kennedy encouraged 2019 ICBA LIVE® national convention attendees to exert their political influence to create and promote an environment where community banks flourish.
The Treasury Department finalized the repeal of 296 unnecessary, duplicative or obsolete tax regulations. Treasury said the elimination of regulatory “deadwood” helps advance the policies of President Trump’s Executive Orders 13777 and 13789, which direct the department to identify and reduce burdensome tax regulations.
ICBA today told Congress that all entities that handle personal information should be required to safeguard personal information similar to how it is protected at financial institutions.
