In the latest issue of Bancard Confidential, Kimball, Minnesota-headquartered Harvest Bank shares how it has leveraged ICBA Bancard's charitable giving platform to help support local non-profits and charitable organizations in the communities it serves.
ICBA updated its Tell Your Story toolkit with a customizable press release to help community bankers encourage financial responsibility during America Saves Week, slated for Feb. 25-March 2.
Could a fingerprint or iris scan be the answer to consumer password fatigue? Perhaps. In China, several face-detecting technologies are being used to authorize payments, with the Alipay “Smile to Pay” mobile app among the most popular.
The National Automated Clearing House Association (NACHA) reports that during the fourth quarter of 2018, ACH Network volume saw more growth than it has in a decade.
ICBA President and CEO Rebeca Romero Rainey issued a statement on the Treasury Department’s final rule expanding access to the 20 percent tax deduction for pass-through businesses.
Rep. Blaine Luetkemeyer (R-Mo.) urged federal regulators to begin a formal rulemaking to clarify the distinctions between guidance and rules. In a letter to regulators, Luetkemeyer encouraged the agencies to adopt the principles of a September 2018 interagency statement on the role of supervisory guidance. He said the clarity will ensure banks and examiners clearly understand the grounds for enforcement actions.
Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) announced the panel’s subcommittee assignments for the 116th Congress. The Subcommittee on Financial Institutions and Consumer Protection will be led by Sens. Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.).
ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and third quarters should consist of a balance sheet, income statement, and statement of changes in shareholders’ equity.
ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and third quarters should consist of a balance sheet, income statement, and statement of changes in shareholders’ equity.
ICBA called on key congressional committees to hold hearings on the National Credit Union Administration’s approval of an “emergency merger” between Pentagon Federal Credit Union and Progressive Credit Union.
TCM Bank, N.A., a subsidiary of ICBA Bancard, announced that it is supporting its community bank partners and helping their cardholder customers who may be experiencing financial hardship during the government shutdown.
ICBA President and CEO Rebeca Romero Rainey issued the following statement on the House of Representatives’ passage of the Agriculture and Nutrition Act of 2018 (H.R. 2).
The December issue of Independent Banker® magazine features profiles of ICBA’s Community Bankers of the Year. The profiles of Ken LaRoe, Scott McComb, Josh Rowland, and Stan Wilmoth feature their views on values, human connections, civic partnership, and community service.
Congress extended the National Flood Insurance Program through this Friday. With the program set to expire at the end of last week, the last-minute vote averted a lapse.
ICBA Bancard’s Tina Giorgio and TCM Bank’s Damon Moorer were featured in the latest This Month In Banking podcast by the Kafafian Group. The 30-minute recording discusses how Bancard and TCM support community banks’ credit card offerings and offers insight on trends affecting payments.
The shift to EMV chip technology has reduced card-present counterfeit payment fraud by 82 percent at chip-enabled merchants, Visa said. More than 3.1 million merchants are now accepting chip cards—67 percent of U.S. storefronts—and 98 percent of U.S. payment volume in September was on EMV cards.
