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CFPB issues guidance targeting review fraud

Mar 23, 2022 | NewsWatch Today
The CFPB’s guidance describes certain business practices related to customer reviews that are generally unlawful under the Consumer Financial Protection Act.

Cyber officials: Be on alert for Russian cyberattack

Mar 23, 2022 | NewsWatch Today
Federal cybersecurity officials called on U.S. critical infrastructure to be prepared to defend against a possible Russian state-sponsored cyberattack.

CISA stakeholder call on Russia-Ukraine conflict today

Mar 22, 2022 | NewsWatch Today
The Cybersecurity and Infrastructure Security Agency is hosting an unclassified stakeholder call today to address the U.S. homeland impact of the Russia-Ukraine conflict.

FS-ISAC offers Russia-Ukraine cyber update

Mar 18, 2022 | NewsWatch Today
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report offers the latest on the Russo-Ukraine conflict, including a joint advisory on Russian state-sponsored cyber actors.

Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 18, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

Bolton: Tax-subsidized credit union acquisitions demand Washington response

Mar 17, 2022 | NewsWatch Today
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new op-ed on LinkedIn.

CFPB expands anti-discrimination oversight under UDAAP authority

Mar 17, 2022 | NewsWatch Today
The Consumer Financial Protection Bureau said it is expanding its “anti-discrimination efforts” beyond credit products to counter discriminatory practices “across the board in consumer finance.”

ICBA testifying today on PPP, other SBA programs

Mar 16, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration programs.

Biden signs omnibus with ICBA-advocated fixes

Mar 16, 2022 | NewsWatch Today
President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

FDIC rescinds pandemic-era Part 363 reporting relief

Mar 16, 2022 | NewsWatch Today
The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.

Raskin withdraws Fed nomination

Mar 16, 2022 | NewsWatch Today
Former Federal Reserve Governor Sarah Bloom Raskin withdrew her nomination for Fed vice chair for supervision.

ICBA testifying tomorrow on PPP

Mar 15, 2022 | NewsWatch Today
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.