The latest episode of ICBA’s “Independent Banker” podcast spotlights what artificial intelligence means for community banks and how they can take advantage of it.
Congress on Saturday passed a short-term government funding extension, which President Joe Biden signed into law, averting a government shutdown. The agreement keeps the government funded at current levels until Nov. 17.
The OCC released its bank supervision operating plan for fiscal 2024, which the agency’s staff uses to guide supervisory priorities, planning, and resource allocations.
The Bank for International Settlements said an experiment showed that wholesale central bank digital currencies can be used to facilitate cross-border trading and settlement between financial institutions.
The Financial Crimes Enforcement Network is seeking additional comment on a proposed application that entities would use to obtain an identifier for reporting beneficial ownership information.
The Financial Crimes Enforcement Network issued a proposal to extend the deadline for certain reporting companies to file their initial beneficial ownership information reports.
The Cybersecurity and Infrastructure Security Agency announced the launch of a nationwide cybersecurity public awareness campaign to educate Americans on how to stay safe online.
ICBA and other groups expressed united opposition to a legislative proposal to impose a national cap on the fees and interest charged on consumer loans.