News
Category: News
A Big Week in the Interchange Fight
Last week brought a notable defeat for the swipe fee fight in the states when Colorado Gov. Jared Polis vetoed Senate Bill 26-134, a measure that would have barred payment card...
WSJ: Big Banks Plan Deposit Tokenization Efforts
Last week, the Wall Street Journal (WSJ) reported that The Clearing House had launched plans to build a tokenized deposit network. The Clearing House is owned by JP Morgan...
Executive Order Targeting “Non-Work Authorized Individuals”
On Friday, FinCEN issued an Advisory addressing non-work authorized populations and their employers as related to BSA/AML and other supervisory concerns for banks. While the advisory raises a number of concerns,...
Executive Orders: Key Takeaways for Community Banks
On May 19, President Trump issued two executive orders, each bearing significant implications for the present and future of Texas community banking. The first, Restoring Integrity to America’s Financial System,...
ROAD to Housing Act Returns to Senate
Texas community banks have been waiting for this one. When the Senate passed the 21st Century ROAD to Housing Act in March, it stripped out the House-approved community bank...
IBAT General Counsel Named as One of D.C.’s Most Influential People
Anne Balcer of Community Bank Advisory Services, LLC Makes Top 500 List AUSTIN, TX— The Independent Bankers Association of Texas (IBAT) is proud to announce that Anne Balcer, IBAT’s...
CLARITY “Compromise” Language Released
On Friday evening, it was announced that a compromise was reached on language prohibiting yield on payment stablecoins. Crafted to serve as a compromise between the banking and crypto...
IBAT DTX Consortium 40-Bank Milestone
The Independent Bankers Association of Texas (IBAT) today announced that the IBAT DTX Consortium has surpassed the milestone of 40 bank participants — a number that now includes institutions...
Governor Abbott Shops Property Tax Overhaul
During a meeting last week attended by IBAT and the Texas Association of Business, staff from Governor Greg Abbott’s office unveiled early thoughts on overhauling the Texas property tax...