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Thursday, May 15th, 2025

Home » Industry » Page 109

Industry

ICBA survey looks at consumers views on proposed credit card routing policy change

By Dave Kovaleski   |   July 25, 2023   |   Federal

The Independent Community Bankers of America (ICBA) released the results of a new poll on proposed credit card routing restrictions. The proposed restrictions stem from the Credit Card Competition ...

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House Small Business Committee passes bill to reclaim fraudulent PPP loans

By Dave Kovaleski   |   July 25, 2023   |   Featured

The U.S. House of Representatives House Small Business Committee passed a bill that would reclaim fraudulent and unused Paycheck Protection Program (PPP) loans distributed during the COVID-19 pandemic...

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Bill eyes prohibition on congressional stock trade ownership

By Douglas Clark   |   July 25, 2023   |   Federal

U.S. Sens. Kirsten Gillibrand (D-NY) and Josh Hawley (R-MO) are espousing newly introduced legislation they said represents the most substantive effort to ban stock trading by members of Congress. ...

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Report examines worker employer-driven debt risks

By Douglas Clark   |   July 24, 2023   |   Federal

A Consumer Financial Protection Bureau (CFPB) report highlighting worker employer-driven debt risks maintains there is a prevalence of challenges workers face when becoming indebted as a condition of...

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Federal Reserve’s FedNow instant payment service goes live

By Dave Kovaleski   |   July 24, 2023   |   Federal

The Federal Reserve announced last week that its new system for instant payments, the FedNow Service, is now live. With the FedNow service live, banks and credit unions can sign up and use this to...

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Reps. Crapo, Smith seek UI fraud prevention allocation funding accounting

By Douglas Clark   |   July 24, 2023   |   Federal

U.S. Reps. Mike Crapo (R-ID) and Jason Smith (R-MO) are seeking a U.S. Department of Labor (DOL) detailed accounting regarding how the agency utilized $2 billion to aid in preventing unemployment insu...

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Measure targets temporary work visa programs, workforce shortage

By Douglas Clark   |   July 21, 2023   |   Federal

U.S. Rep. Tony Gonzales (R-TX) has joined 15 congressional colleagues to introduce the H-2 Improvements to Relieve Employers (HIRE) Act, which addresses temporary work visa programs and workforce shor...

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Bill eyes greater farmer, rural community capital access

By Douglas Clark   |   July 21, 2023   |   Federal

U.S. Sens. Jerry Moran (R-KS) and Angus King (I-ME) recently introduced legislation that would provide farmers and others in rural communities expanded capital access. Specifically, the Access to C...

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Senate bill would help small businesses integrate technology into their businesses

By Dave Kovaleski   |   July 20, 2023   |   Featured

A bipartisan bill was introduced in the U.S. Senate this week that seeks to help small business owners integrate digital tools into their businesses. Specifically, the Small Business Technological ...

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Luetkemeyer legislation calling for small business regulatory clarity advances House

By Douglas Clark   |   July 20, 2023   |   Federal

U.S. Rep. Blaine Luetkemeyer (R-MO) recently commended passage of legislation he introduced to provide small business owners with regulatory clarity. The Providing Accountability Through Transparen...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • OCC adopts new rules for bank mergers
  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Bankers fear imminent recession, survey says
  • Forward Air board under fire from activist investor Ancora
  • Legislation would help small businesses bring new technologies to market
  • Bipartisan bill would help GSE’s develop low-income housing
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Credit Suisse hit with $510M fine for IRS violations
  • Trump signs into law resolution overturning overdraft cap rule

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