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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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Minnesota Bank Drives Support for Local Non-Profits

In the latest issue of Bancard Confidential, Kimball, Minnesota-headquartered Harvest Bank shares how it has leveraged ICBA Bancard's charitable giving platform to help support local non-profits and charitable organizations in the communities it serves.
February 20, 2019 | Payments Quarterly  

ICBA Advocates Uniformity, Certainty in FCC Rules

ICBA and other financial services trade associations filed an amicus brief with the Supreme Court, advocating for uniformity and certainty in hearing challenges to FCC rules.
February 20, 2019 | ICBA NewsWatch Today   FCC 

ICBA Expands Toolkit to Promote Savings

ICBA updated its Tell Your Story toolkit with a customizable press release to help community bankers encourage financial responsibility during America Saves Week, slated for Feb. 25-March 2.
February 20, 2019 | ICBA NewsWatch Today  

Are Biometrics the Future of Payments Authentication?

Could a fingerprint or iris scan be the answer to consumer password fatigue? Perhaps. In China, several face-detecting technologies are being used to authorize payments, with the Alipay “Smile to Pay” mobile app among the most popular.
February 12, 2019 | Payments Quarterly  

ACH Volume Skyrocketed in Q418

The National Automated Clearing House Association (NACHA) reports that during the fourth quarter of 2018, ACH Network volume saw more growth than it has in a decade.
January 30, 2019 | News  

Senate Banking Panel Issues Subcommittee Assignments

Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) announced the panel’s subcommittee assignments for the 116th Congress. The Subcommittee on Financial Institutions and Consumer Protection will be led by Sens. Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.).
January 22, 2019 | ICBA NewsWatch Today   Grassroots/Be Heard 

ICBA Statement on Subchapter S Tax Deduction

ICBA President and CEO Rebeca Romero Rainey issued a statement on the Treasury Department’s final rule expanding access to the 20 percent tax deduction for pass-through businesses.
January 22, 2019 | Press Release   Taxes & Budget 

Luetkemeyer Urges Rule Distinguishing Guidance

Rep. Blaine Luetkemeyer (R-Mo.) urged federal regulators to begin a formal rulemaking to clarify the distinctions between guidance and rules. In a letter to regulators, Luetkemeyer encouraged the agencies to adopt the principles of a September 2018 interagency statement on the role of supervisory guidance. He said the clarity will ensure banks and examiners clearly understand the grounds for enforcement actions.
January 22, 2019 | ICBA NewsWatch Today   Regulatory Relief 

ICBA to FDIC: Deny Square’s Latest Application

ICBA expressed disappointment in federal regulators’ insufficient proposal to reduce reporting burdens and repeated its call for a true short-form call report. Following its weeks-long grassroots advocacy campaign, ICBA said the call report for the first and third quarters should consist of a balance sheet, income statement, and statement of changes in shareholders’ equity.
January 22, 2019 | ICBA NewsWatch Today   Technology Fintech Regulation 

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