With members of Congress back home for a district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.
The Swift financial transactions and payments network said its latest experiment with a central bank digital currency successfully demonstrated the use of CBDCs in digital trade, payments, and tokenized foreign-exchange and asset networks.
With members of Congress back home for a two-week district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.
Reps. Blaine Luetkemeyer (R-Mo.) and Andy Barr (R-Ky.) asked the Government Accountability Office to study the potential impact of the Federal Reserve’s proposal to lower debit card interchange fees.
ICBA filed a Freedom of Information Act request for federal records related to whether legislative changes are required to issue a U.S. central bank digital currency.
Federal regulators issued an interim final rule that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October.
Small-business borrowers approved for at least some of the financing they sought last year were again more satisfied with their experiences at community banks than at larger and online lenders, according to the Federal Reserve.
The Cybersecurity and Infrastructure Security Agency and other agencies released a fact sheet on risks posed by People’s Republic of China state-sponsored cyber actors known as “Volt Typhoon.”
To reduce the incidence of frauds that use credit-push payments, Nacha announced ICBA-supported rules for all participants to promote monitoring and recovering fraudulent funds in the ACH payments they receive.
ICBA and other groups released a document correcting myths surrounding the Federal Reserve’s proposed changes to Regulation II on debit card interchange.