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CFPB targets faulty identity matching practices

Nov 5, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued an advisory opinion affirming that consumer reporting companies engaging in “shoddy name-matching procedures” are violating the law.

ICBA to Congress: Extend data security standards to nonbanks

Nov 4, 2021 | NewsWatch Today
ICBA called on Congress to extend Gramm-Leach-Bliley Act data security standards to retailers, technology companies, and other parties that process or store consumer financial data.

ICBA joining webinar on bank-like credit unions

Nov 4, 2021 | NewsWatch Today
ICBA Chairman Robert Fisher will participate in a National Taxpayers Union webinar scheduled for next week on the “rise of bank-like credit unions.”

Hsu: OCC has concluded fintech charter review

Nov 4, 2021 | NewsWatch Today
The OCC has concluded its review of bank charter applications and crypto-related interpretative letters and will be communicating its findings in the coming weeks, Acting Comptroller of the Currency Michael Hsu said.

ICBA testifying today on cyber, data security

Nov 3, 2021 | NewsWatch Today
ICBA is scheduled to testify at today’s House Financial Services Subcommittee on Consumer Protection and Financial Institutions hearing on cyber and data security.

Independent Banker focuses on faster payments

Nov 3, 2021 | NewsWatch Today
This month’s ICBA Independent Banker magazine focuses on the race for faster payments.

Blog: PPP data show community bank lending urgency

Nov 3, 2021 | NewsWatch Today
A new ICBA blog post explores data showing the urgency of community banks’ Paycheck Protection Program response to help save small businesses in their communities.

Regulators recommend bank-like rules for stablecoins

Nov 2, 2021 | NewsWatch Today
The President’s Working Group on Financial Markets issued a long-awaited report spotlighting regulatory gaps in overseeing stablecoins and recommending legislation to implement a federal regulatory framework.

ICBA testifying tomorrow on cyber, data security

Nov 2, 2021 | NewsWatch Today
ICBA is scheduled to testify tomorrow on cyber and data security issues before the House Financial Services Committee’s Subcommittee on Consumer Protection and Financial Institutions.

CFPB issues debt collection guidance

Nov 1, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau released several guidance documents to help providers prepare for two debt collection final rules taking effect Nov. 30.

Grassroots push continues against reconciliation tax hikes

Nov 1, 2021 | NewsWatch Today
With policymakers’ draft framework for the budget reconciliation bill featuring numerous tax increases, ICBA is calling on community bankers to use its Be Heard resource center to speak out in opposition.

ICBA to OCC: Take moderate approach to CRA rescission

Nov 1, 2021 | NewsWatch Today
ICBA advocated a moderate approach to the OCC’s rescission of its 2020 Community Reinvestment Act final rule and reinstatement of the 1995 interagency CRA rule.