News
Category: News
Texas House Leaders Release AI Oversight Bill
Last week, leaders in the Texas House of Representatives released a comprehensive bill to address the advancement of Artificial Intelligence (AI) technology and the potential negative effects of AI on consumers....
Williston Discusses 1033 on Banking with Interest Podcast
In addition to our work on the 1033 webinar and white paper, IBAT’s Christopher Williston appeared on the popular “Banking with Interest” podcast last week to discuss the rule....
1033 Webinar Recording and White Paper now Available
Two weeks ago, the Consumer Financial Protection Bureau (CFPB) issued a final rule implementing section 1033 of the Dodd-Frank Act, which promises to give consumers more control of their...
Major Crypto Platform Investigated for AML Violations
In news that will surprise absolutely no one, The Wall Street Journal reported last week that the cryptocurrency company, Tether, is being investigated for violations of international sanctions and anti-money laundering...
“Open Banking” Rule Challenged by Big Banks
The Consumer Financial Protection Bureau (CFPB) recently issued a final rule implementing section 1033 of the Dodd-Frank Act, which promises to give consumers more control of their financial data....
IBAT Agricultural and Rural Development Committee
IBAT has reconvened its Agricultural and Rural Development Committee. The committee enables IBAT to represent not only its members, but also many of the communities they serve. IBAT is...
Congress Seeks to Pass Major Spending Bills Before Year-End
In a year where the elections are center stage, majorities are razor-thin and the calendar is short – there are only 10 legislative days in the House and 12...
FDIC’s Proposed Deposit Data Gathering Regime
In August, the Federal Deposit Insurance Corporation (FDIC) issued a Request for Information (RFI) on deposits, which addressed the collection of deposit data, “not currently reported in the call...
Texas Tech Researchers: 1071 Rules Unnecessary
In a paper recently accepted for publication in the Journal of Financial Research, Texas Tech researchers point to the impending failure of small business data gathering rules to accomplish their stated intention...