Industry
Category: Industry
American Banker: 1033 Rule Legal Challenge
As the industry awaits a new proposed rule from the Consumer Financial Protection Bureau (CFPB) implementing the “open banking” provision found in Section 1033 of the Dodd-Frank Act, industry...
Eight Waffles Later: A PAC Challenge to Remember
Last week, IBAT’s President and CEO Christopher Williston joined Texas Bank and Trust (TB&T) Chairman & CEO Rogers Pope, Jr., at a Longview-area Waffle House, where the two faced...
FDIC Speeds Up Deposit Insurance Applications
Last week, the Federal Deposit Insurance Corporation (FDIC) announced a new two-phase process for reviewing deposit insurance applications, intended to encourage new bank formation and speed up the review. Under the...
FinCEN Beneficial Ownership Rule Clarification
Last week, the Financial Crimes Enforcement Network (FinCEN) issued a final rule permanently removing the requirement that U.S. companies and U.S. persons report beneficial ownership information to the agency under the...
Three Fintech Innovators Selected to Advance IBAT DTX
Today, IBAT announced the selection of Rimark, Infinant and Privacy Lock as technology partners for IBAT DTX, advancing a collaborative, community bank-focused approach to tokenized deposits and digital banking...
Housing Bill Takes Effect (Community Banking Provisions)
Following a 10-day wait in which President Trump declined to sign or veto the bill, the 21st Century ROAD to Housing Act officially took effect on July 10. The final bill passed with...
Brett Murphy Honored with Leadership Award
The Independent Bankers Association of Texas (IBAT) honored Brett Murphy, Audit Partner, Partner-in-Charge of the Financial Institutions Industry and Austin Market President at Whitley Penn, LLP, with its 2026 Excellence in...
Proposed Rule to Implement GENIUS Act CIP Requirement
As noted in the release, the joint proposed rule represents a significant regulatory milestone by formally bringing Permitted Payment Stablecoin Issuers (PPSIs) within the Bank Secrecy Act (BSA) framework as recognized financial...
Housing Bill Advances Community Bank Wins
Congressional leaders reached a bicameral agreement on the 21st Century ROAD to Housing Act, clearing the way for Senate consideration of the package. As of Monday afternoon when this...