NewsWatch Today

ICBA’s latest blog post explores three post-pandemic payments trends and what they mean for community banks.

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.

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.”

Decentralized finance platform Ronin Network announced a hack of more than $625 million in cryptocurrencies, possibly the largest crypto hack on record.

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.

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.

The OCC said the performance of first-lien mortgages in the federal banking system improved during the fourth quarter of 2021.

The CFPB’s guidance describes certain business practices related to customer reviews that are generally unlawful under the Consumer Financial Protection Act.

Federal cybersecurity officials called on U.S. critical infrastructure to be prepared to defend against a possible Russian state-sponsored cyberattack.

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.

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.

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.