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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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OCC issues computer incident notification points of contact

The OCC issued a bulletin with the designated points of contact banks must use to satisfy recently established interagency incident notification requirements, effective May 1.
March 30, 2022 | ICBA NewsWatch Today   Compliance 

CFPB targets credit card late fees in ‘junk fee’ effort

The Consumer Financial Protection Bureau said credit card issuers charged $12 billion in late fees in 2020 and that many have made these penalties “a core part of their profit model.”
March 30, 2022 | ICBA NewsWatch Today   Credit Cards 

ICBA Bancard is Here to Help

Our mission at ICBA Bancard is to deliver flexible, innovative payments and digital commerce solutions that allow community banks to flourish. To this end, ICBA Bancard’s relationship management team is here to help and is just an email or phone call away.
March 30, 2022 | Payments Quarterly   Payments 

Instant Payments Fraud

Instant, faster, real-time: no matter how you describe the newest sets of payment rails, there are many questions as to how those payments may be protected.
March 30, 2022 | Payments Quarterly   Payments Instant Payments 

DeFi platform crypto hack might be largest ever

Decentralized finance platform Ronin Network announced a hack of more than $625 million in cryptocurrencies, possibly the largest crypto hack on record.
March 30, 2022 | ICBA NewsWatch Today   Cybersecurity Digital Assets 

Understanding the What, Why, and How of Instant Payments

There is a lot happening in the payments world in 2022. As bankers try and digest a steady stream of news related to faster payments, it can be overwhelming to try and keep straight what all the different terms mean, what solutions ride which payment 'rails' or networks, and what actions banks should take in a complex payments landscape to attract and retain customers.
March 30, 2022 | Payments Quarterly   Payments Instant Payments 

Chairman's Column: Asking the Right Questions

As we come to the end of the first quarter of 2022, we’re still in the throes of finding our “new normal,” which is shaping everything from our branch strategy to product innovation and beyond. There are several issues deserving of our focus, but for many of us, instant payments has risen to become a necessary priority.
March 30, 2022 | Payments Quarterly   Payments 

NY Fed analysis signals rise in student loan delinquencies

Family Federal Education Loan borrowers, who were not covered by the federal freeze put in place during the pandemic, struggled with their debit payments, and could signal problems ahead for nearly 37 million covered loans and “rising delinquencies once forbearance ends and payments resume,” according to a recent New York Federal Reserve analysis.
March 24, 2022 | ICBA NewsWatch Today  

“PAVE” report outlines pathway to homeownership equity

The Administration announced the release of its Interagency Task Force on Property Appraisal and Valuation Equity report designed to address racial and ethnic bias in the home appraisal process.
March 24, 2022 | ICBA NewsWatch Today   Mortgage Lending 

Nation’s Community Bankers Meet in Washington for ICBA Capital Summit

ICBA to host hundreds of community bank leaders during the 2022 ICBA Capital Summit May 1-4 in the nation’s capital.
March 24, 2022 | Press Release  

Independent Banker

Independent Banker is the award-winning monthly member publication of ICBA. Continually rated the best news source by community bankers, IB provides timely, relevant information and insights to help community banks continue to flourish.

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