NewsWatch Today

The Swift financial transactions and payments network said its latest experiment with a central bank digital currency successfully demonstrated the use of CBDCs in digital trade, payments, and tokenized foreign-exchange and asset networks.

With members of Congress back home for a two-week district work period, ICBA is urging community bankers to continue the grassroots push for a new farm bill with in-person meetings.

Reps. Blaine Luetkemeyer (R-Mo.) and Andy Barr (R-Ky.) asked the Government Accountability Office to study the potential impact of the Federal Reserve’s proposal to lower debit card interchange fees.

ICBA filed a Freedom of Information Act request for federal records related to whether legislative changes are required to issue a U.S. central bank digital currency.

The FDIC proposed revisions to its statement of policy, or SOP, on bank merger transactions incorporating ICBA-advocated provisions.

Federal regulators issued an interim final rule that extends the applicability date of certain provisions in their Community Reinvestment Act final rule issued in October.

Cryptocurrency hacks account for half of North Korea’s foreign income since 2017, according to a pending U.N. Security Council report.

The OCC opened registration for its Project REACh Financial Inclusion Summit, scheduled for May 29-30 in Washington, D.C.

ICBA and community banks are leading the way in fighting check fraud, according to a new blog post on Main Street Matters.

Small-business borrowers approved for at least some of the financing they sought last year were again more satisfied with their experiences at community banks than at larger and online lenders, according to the Federal Reserve.

Registration is open for the 2024 ICBA Capital Summit, the industry’s premier advocacy event scheduled for April 28-May 1 in Washington, D.C.

ICBA expressed strong support for legislation that would prohibit the Small Business Administration from making direct loans under the 7(a) program.