The Association of Military Banks of America (AMBA) has expressed its support for Congressman French Hill, Chair-Elect of the House Financial Services Committee, following his introduction of the Military Financial Services Protection Act of 2024.
BITS, the technology policy division of the Bank Policy Institute (BPI), has expressed support for the Financial Stability Board's initiative to create a standardized global framework for cyber incident reporting.
ICBA Payments, a subsidiary of the Independent Community Bankers of America (ICBA), has announced the appointment of C.J. Littrell as president of TCM Bank, N.A., while Jacob Eisen will continue in his role as CEO.
AFSA's State Government Affairs team has expressed concerns regarding a proposed bill in New Jersey, S1310, which would allow certain for-profit debt adjusters to be licensed to operate within the state.
The Federal Trade Commission (FTC) has announced its final rule on "junk fees," a decision that narrows the scope of the rule to exclude financial services.
The Federal Reserve's Federal Open Market Committee (FOMC) decided on December 18 to reduce the federal funds rate target by 25 basis points, moving it to a range of 4.25 percent to 4.5 percent.
The Association of Military Banks of America (AMBA) and the Veterans Benefits Banking Program (VBBP) have announced a new opportunity for banks to potentially earn Community Reinvestment Act (CRA) credit.
Electronic Payments Coalition Executive Chairman Richard Hunt has criticized the Consumer Financial Protection Bureau (CFPB) for its recent circular on credit card reward programs.
The American Fintech Council (AFC) has expressed strong support for the recommendations put forth in the Bipartisan House Task Force Report on Artificial Intelligence.
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey has expressed approval for the inclusion of a farm bill extension and a $10 billion farm aid package in the year-end continuing resolution.
The American Fintech Council (AFC) has announced the addition of two new team members, Ashley Urisman and Denise Lauria, to strengthen its leadership in state advocacy and operations.
The Republic of Ecuador has finalized a $1 billion sovereign debt conversion with Bank of America, marking one of the largest transactions of its kind.
Bank of America Corporation has announced that its Board of Directors has approved regular cash dividends for the first quarter of 2025 on several series of preferred stock.