Federal Reserve Governor Michelle Bowman said regulators need to understand emerging technologies such as artificial intelligence, blockchain, and tokenization, including how they may be used in the financial system and who has the ultimate responsibility over them.

The Conference of State Bank Supervisors said the FDIC’s proposed bank merger policy would create more challenges than benefits for the banking industry, especially for community banks.

ICBA’s Independent Banker magazine opened nominations for its 2024 Best Community Banks to Work For awards, sponsored by FIS.

Nearly all central banks are researching whether to issue a central bank digital currency, according to a Bank for International Settlements survey.

In recognition of World Elder Abuse Awareness Day, the Financial Crimes Enforcement Network reminded financial institutions to remain vigilant in identifying and reporting suspicious activity related to elder financial exploitation. FinCEN offers resources to help stakeholders.

President Joe Biden announced his intent to nominate Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation.

Join ICBA experts for a quarterly update on industry news and highlights on Thursday, June 27, at 2 p.m. (Eastern time). Register here.

Consumer Financial Protection Bureau Director Rohit Chopra provided his semi-annual report to the House Financial Services Committee. Highlights:

ICBA and ICBA CRA Solutions released tips for preventing elder financial abuse in recognition of World Elder Abuse Awareness Day on Saturday, June 15.

Consumer Financial Protection Bureau Director Rohit Chopra described the CFPB’s focus on financial data, medical debt, and credit cards during his semi-annual report to the Senate Banking Committee.

The Federal Open Market Committee voted to hold target interest rates steady, due to an uncertain economic outlook and inflation risks.

The Independent Community Bankers of America (ICBA) and its subsidiary, ICBA CRA Solutions, are providing tips for preventing elder financial abuse in recognition of World Elder Abuse Awareness Day (WEAAD) on June 15.

The Consumer Financial Protection Bureau proposed a rule that would remove medical bills from most credit reports.

Senate Agriculture Committee Ranking Member John Boozman (R-Ark.) released the Senate Republican framework for the next farm bill.

ICBA requested a 90-day extension to the Federal Reserve Board’s request for comment on expanding Fedwire Funds Service and National Settlement Services operating hours.

ICBA released findings from a study showing that while small-business owners prefer community banks, increasingly burdensome and complex regulations threaten to restrict small-business lending.

ICBA is hosting a virtual seminar on financial statements starting at 10 a.m. (Eastern time) tomorrow.

A new episode of the Banking Transformed podcast from ICBA Preferred Service Provider MeridianLink shares actionable insights to boost bank' growth, efficiency, and customer experience.

As community banks and small businesses face increasingly burdensome and complex federal regulations, the Independent Community Bankers of America (ICBA) today released findings from a new study on how regulations threaten to restrict small-business lending.

ICBA-opposed credit union acquisitions of taxpaying community banks have reached an annual record less than halfway through the year, according to a new report.