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ICBA to committee: Fully vet stablecoin bill before any vote

Jul 25, 2022 | NewsWatch Today
While legislation is urgently needed to address risks posed by unregulated stablecoins, taking up last-minute legislation at this week’s House Financial Services Committee markup would be premature, ICBA told the panel.

FS-ISAC spotlights Holy Ghost ransomware group

Jul 25, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk report details the Holy Ghost ransomware group, which has been active for more than a year and has connections to North Korea.

ICBA urges agencies to keep voluntary cyber tool up to date

Jul 25, 2022 | NewsWatch Today
ICBA called on federal regulators to continue building on the Cybersecurity Assessment Tool risk assessment framework while keeping it voluntary.

Senators introduce broad cannabis bill as safe harbor push continues

Jul 22, 2022 | NewsWatch Today
Senate Democrats introduced sweeping legislation to end federal cannabis prohibitions, potentially paving the way for an ICBA-advocated cannabis banking safe harbor.

Community banks vital to manufacturing-concentrated states: FDIC

Jul 22, 2022 | NewsWatch Today
Community banks in manufacturing-concentrated states have provided more commercial loans than other community banks and reported higher net interest margins, according to a new FDIC report.

Feds announce first crypto insider trading indictment

Jul 22, 2022 | NewsWatch Today
Federal law enforcement officials announced the first-ever insider trading tipping indictment involving cryptocurrency.

What community banks can do about the super app rise

Jul 18, 2022 | NewsWatch Today
ICBA Bancard President and CEO Tina Giorgio’s latest blog post covers the rise of the super app and what community banks can do about it.

House again passes cannabis banking bill

Jul 18, 2022 | NewsWatch Today
The House advanced an ICBA-advocated cannabis banking safe harbor as part of a fiscal 2023 defense authorization bill.

USPS defends postal banking pilot

Jul 18, 2022 | NewsWatch Today
The U.S. Postal Service defended its decision to launch an ICBA-opposed postal banking pilot program without first consulting the Postal Regulatory Commission.

ICBA testifying today on CRA modernization

Jul 13, 2022 | NewsWatch Today
ICBA is scheduled to testify today before Congress on the interagency proposal to modernize Community Reinvestment Act regulations.

CFPB confirms March 2023 for 1071 final rule

Jul 13, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau plans to issue a final rule implementing Section 1071 small-business reporting requirements by March 31, 2023, according to court filing.

ICBA to House: Include cannabis, notarization bills in defense act

Jul 13, 2022 | NewsWatch Today
ICBA and other groups today are calling on the House to include a cannabis banking safe harbor in the fiscal 2023 National Defense Authorization Act (H.R. 7900).