News
Category: News
Four Months Down, a Look Ahead
The first quarter was a busy one at IBAT, with multiple annual events already in the books. The first four months saw a flurry of events, including trips to...
Community Bankers Concerned about Stablecoin Legislation
Over recent weeks, two Congressional coalitions have been working to get legislation included in must-pass bills to provide for a regulatory framework (and the legitimization) for stablecoins. IBAT believes that...
IBAT Weighs in on Failures in Combating Check Fraud
Big banks have failed in their BSA/AML responsibilities and are enabling bad actors to commit check fraud. That’s the contention by IBAT and other state banking trade associations highlighted...
IBAT Meets with CFPB on “Open Banking” Proposal
IBAT staff and volunteers met yesterday with staff from the Consumer Financial Protection Bureau (CFPB) to discuss ongoing efforts by the bureau to finalize rules implementing the “open banking,”...
We’ve Moved our Headquarters to a New Location!
The IBAT office has moved from its long-time location at 1700 Rio Grande Street in Austin to its new headquarters in northwest Austin. With this move, we’ve right-sized our...
Congressional Delegation Letter on Farm Bill Passage
IBAT sent an issue alert notice to the Congressional offices of the Texas delegation urging action on the Farm Bill before the current version expires at the end of...
Leaders Try to Move Crypto-Related Legislation
The House may soon vote on legislation that would dictate how the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) oversee cryptocurrencies. A provision...
Fed Proposals on Artificial Intelligence and Banking
In a speech last week, Acting Comptroller of the Currency Michael Hsu’s remarks contained new public statements about the impact of artificial intelligence (AI) on banking. In his remarks,...
Navy Federal Credit Union Co-opts Term “Community Bank”
Last week, the Navy Federal Credit Union announced that it has begun operating military banking facilities in 60 locations in Europe and the Pacific as part of its previously...