NewsWatch Today

With the Senate expected to vote this week on an ICBA-advocated resolution to overturn the Consumer Financial Protection Bureau’s overdraft rule, ICBA is calling on community bankers to urge their senators to vote in favor of the measure.

ICBA thanked the House Financial Services Committee for scheduling a hearing on the Consumer Financial Protection Bureau that will feature ICBA-advocated legislation.

BankTech Ventures is scheduled to host “Investing in the Future of Community Banking – A Banker’s Perspective” at 3 p.m. (Eastern time) Wednesday, April 2.

In preparation for Community Banking Month in April, ICBA offers a variety of ready-to-use resources on its Marketing Resource Center.

ICBA and other groups warned Congress that any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market would harm consumers, small businesses, and financial institutions.

ICBA CRA Solutions’ CRA to Z: How to Build a Best-in-Class CRA Program is scheduled for April 23-24 in Atlanta.

The Financial Crimes Enforcement Network published responses to frequently asked questions about its March 11 Geographic Targeting Order to combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along the southwest border of the United States.

Artificial intelligence has turbocharged the problem of spear phishing, but the latest Independent Banker magazine shares how community banks can fight back.

ICBA and other groups urged Congress to reauthorize the Cybersecurity Information Sharing Act (CISA 2015) before it expires on Sept. 30, warning that failure to act could eliminate a valuable tool used to protect U.S. critical infrastructure sectors.

The Financial Crimes Enforcement Network announced an interim final rule that removes the requirement for U.S. companies and persons to report beneficial ownership information under the Corporate Transparency Act. FinCEN said that foreign entities must still report their BOI under the new deadlines.

A bipartisan group of 23 senators led by CDFI Caucus Co-chairs Mark Warner (D-Va.) and Mike Crapo (R-Idaho) reaffirmed their support for the Community Development Financial Institutions Fund following a recent executive order from the White House.

The OCC announced that it will no longer examine its regulated institutions for reputation risk and is removing references to reputation risk from its Comptroller’s Handbook booklets and guides.