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CFPB issues debt-collection compliance guide

Nov 16, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau released a guide on its compliance aids related to its final rule implementing the Fair Debt Collection Practices Act.

ICBA offers new custom grassroots message

Nov 13, 2020 | NewsWatch Today
ICBA this week launched a new customizable grassroots message for community bankers urging Congress to include common-sense policies in any economic stimulus package.

Payment info in credit reports varies by account type: CFPB

Nov 13, 2020 | NewsWatch Today
The share of installment-loan credit accounts with payment amount information furnished to credit reporting agencies has trended upward to more than 90 percent, the Consumer Financial Protection Bureau reported.

CFPB issues resources on housing help

Nov 13, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau released brochures, videos, and other resources to help consumers seeking mortgage and housing assistance during the coronavirus national emergency.

DOJ sues to block Visa acquisition of Plaid

Nov 6, 2020 | NewsWatch Today
The Justice Department sued Visa to stop its $5.3 billion acquisition of Plaid, a fintech firm. The DOJ said Visa is a monopolist in online debit services while Plaid is developing a payments platform that would challenge Visa’s monopoly.

CFPB grants no-action letter for BofA small-dollar products

Nov 6, 2020 | NewsWatch Today
The Consumer Financial Protection Bureau granted a no-action letter to Bank of America for certain small-dollar credit products for BofA customers.

ICBA raises questions over CDFI proposal

Nov 6, 2020 | NewsWatch Today
ICBA expressed concern with a CDFI Fund proposal that would diminish the number of Community Development Financial Institutions and threaten the survival of the program.

Payments continue going digital: BIS

Nov 5, 2020 | NewsWatch Today
The Bank for International Settlements reported sizable growth in digital payments across many leading economies prior to the coronavirus pandemic.

Unlimited webinars for educational binge-watching

Nov 5, 2020 | NewsWatch Today
Community Banker University's Unlimited Webinar Pass helps community bankers keep up with emerging trends and regulatory issues by offering unlimited access to more than 70 live and 100 on-demand webinars.

EIDL-PPP grassroots push continues

Nov 4, 2020 | NewsWatch Today
While ICBA works with policymakers to address Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts, it continues encouraging community bankers and their small-business contacts to weigh in with Congress.

Coin Task Force seeks survey responses

Nov 4, 2020 | NewsWatch Today
The U.S. Coin Task Force is seeking feedback on a five-minute survey on coin circulation disruptions. Survey responses are due by close of business Wednesday, Nov. 11.

ICBA keeps up EIDL push as pressure rises

Nov 3, 2020 | NewsWatch Today
ICBA is urging community bankers to direct borrowers to ICBA's small-business alert addressing Economic Injury Disaster Loan Advance deductions from PPP forgiveness amounts.