According to reporting by American Banker, The Federal Housing Finance Agency (FHFA) took an unusual step by reducing the number of Federal Home Loan Bank (FHLB) board director seats at...

Last week, banks received a letter via ETRAN from the U.S. Small Business Administration (SBA) Office of General Counsel (OGC) notifying them of their obligation to comply with the...

Federal Regulators recently requested input on actions they could take to help combat fraud involving check, ACH, wire and instant payments. While IBAT is finalizing its comment, individual banks...

In a letter sent to banking regulators last week, Republican members of the Senate Banking Committee called upon the agencies to “consider shortcomings related to the Matters Requiring Attention (MRAs) framework.”...

Last week, the payments landscape was rocked by a U.S. District Court decision in North Dakota, in a case that challenged the Federal Reserve’s 2011 rule regulating interchange fees...

A new state law requires prompt reporting and removal of payment card skimmers, with clear steps for merchants and service technicians. Watch the Financial Crimes Intelligence Center’s (FCIC) short...

In recent weeks, JP Morgan Chase and Company brought new urgency to the fintech battle to define the rules of the road for “open banking.” It did so by...

A survey in July provides the first look at how bankers are thinking about stablecoins and deposit tokens after the passage of the GENIUS Act (S. 1582). The Bank...

Just before President Trump’s requested July 4th deadline, Congress put the finishing touches on the “One Big Beautiful Bill Act.” The final bill included several provisions of interest to...