NewsWatch Today

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.

The Federal Housing Finance Agency's Credit Score Models and Reports Initiative is overly complex, costly to consumers, and missing key requirements for a successful transition, ICBA and other groups said in a letter outlining recommendations.

ICBA and other groups expressed strong support for the Community Development Financial Institutions Fund in a letter to the bipartisan Senate Community Development Finance Caucus.

The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.

Saying that new technologies are important tools for community banks to meet customer demand, increase revenue, improve efficiencies, and remain competitive, the OCC announced a new webpage with dedicated resources to help community banks meet their digitalization objectives.

The latest Independent Banker magazine spotlights what community bankers need to know about the Fedwire Funds Service’s conversion to the ISO 20022 message format.