Banking agencies update rules of practice, procedure on electronic communications  

A federal judge in Kentucky granted the Federal Reserve’s motion for summary judgment in a lawsuit seeking to overturn how it calculates debit card interchange fees, with the decision coming roughly a month after a separate court in...

ABA is urging lawmakers to reauthorize the National Flood Insurance Program for five years and make changes to modernize and improve the program’s stability and affordability, as well as improve compliance requirements for the Flood Disaster Protection Act.

The Department of Justice and National Economic Council should coordinate with the OCC to ensure that it continues to uphold a strong national bank preemption standard, ABA said.

Starting in November, the FedNow Service network transaction limit will be increased from $1 million to $10 million in response to growing commercial demand.

The FDIC is seeking to conduct a survey on the costs of compliance with anti-money laundering and countering the financing of terrorism regulations, according to a notice published in the Federal Register.

Consumer sentiment edged down 2.8 points in September to 55.4, down 14.7 points from one year ago, according to preliminary results of the University of Michigan Surveys of Consumers.