We are in the midst of a transformative time in payments; COVID-19 has fueled an accelerated shift to digital channels, and meanwhile, new payment rails (instant) are being deployed and starting to gain adoption for the first time in decades.
As in-branch visits decrease and the number of digital transactions increase, it will be more important than ever to ensure customer interactions are personalized and user friendly.
The Independent Community Bankers of America (ICBA) is lending its voice to the thousands of organizations nationwide encouraging Americans to support locally owned businesses during National Small Business Week (Sept. 13-17).
A proposal to require banks to report customer account information to the IRS is eliciting strong consumer opposition, ICBA Secretary Tim Aiken wrote in a new op-ed.
The Occupational Safety and Health Administration is expected to release new standards following President Joe Biden’s executive order requiring COVID-19 vaccination and testing for private employers with 100 or more employees.
While Sen. Joe Manchin (D-W.Va.) has raised concerns about the price tag of budget-reconciliation legislation, Americans are speaking out against its pending IRS reporting provision, ICBA President and CEO Rebeca Romero Rainey writes in a new op-ed.
While ICBA’s IRS campaign continues, it is also calling on community bankers to speak out against a comprehensive package of tax increases on community banks and their customers.
ICBA published a summary of the Consumer Financial Protection Bureau’s proposed rule to implement Dodd-Frank Section 1071 data collection and reporting requirements for small-business lending.
Community banks reported net income growth of 28.7% in the second quarter from the same period last year, according to the FDIC's Quarterly Banking Profile.
Ahead of a House Ways and Means Committee markup starting today, ICBA reiterated its opposition to any proposal that would require banks to report customer account information to the IRS.
Federal regulators announced they will extend the comment period on proposed guidance designed to help banks manage risks associated with third-party relationships.
The Consumer Financial Protection Bureau issued a Federal Register notice affirming that two debt collection final rules will take effect as planned on Nov. 30.
Two-thirds of voters (67%) oppose a proposal that would allow the IRS to collect bank account deposit and withdrawal information from American consumers, the Independent Community Bankers of America announced.
ICBA announced winners of its 2021 National Community Bank Service Awards, which celebrate the outstanding service and creative volunteer efforts of the nation’s community banks.
The head of the IRS is advocating to Congress an ICBA-opposed proposal that would require banks to report their customers’ account information to the agency—underscoring the importance of ICBA’s consumer-facing campaign opposing the plan.
ICBA has strongly objected to a Biden administration proposal that would require financial institutions to report information on customer bank accounts to the IRS.
The Independent Community Bankers of America today announced winners of its 2021 National Community Bank Service Awards, celebrating the outstanding service and creative volunteer efforts of the nation’s community banks.
