ACH Network handled more than eight billion payments in Q1
The Automated Clearing House Network handled 8.2 billion payments valued at $20.7 trillion in the first quarter of 2024, led...
Federal Trade Commission bans noncompete clauses
The Federal Trade Commission finalized a new rule to ban the use of noncompete clauses in employee contracts.
Equity to purchase Kansasland, Skyline to buy Johnson County Bank
Equity Bancshares in Wichita, Kansas, has agreed to buy KansasLand Bancshares in Quinter. Skyline Bankshares in Independence, Virginia., has agreed...
Labor Department issues final rule to increase overtime eligibility
The Department of Labor issued a final rule that would significantly increase the number of employees who are subject to...
Labor Department finalizes rule expanding ‘fiduciary’ definition
The Department of Labor released a new rule significantly broadening the definition of an investment advice “fiduciary” under the Employee...
FDIC seeks public comment on proposed changes to bank merger policy
The FDIC is accepting public comment on its proposal to change how the agency will evaluate bank merger applications.
ABA, state bankers associations: Congress must push for review of regulatory ‘tsunami’
ABA and 51 state bankers associations urged lawmakers to demand an independent review of recent banking agency rulemakings to assess...
ABA urges FCC not to impair banks’ communications with customers
ABA and seven associations urged the Federal Communications Committee to reject a request to require callers to include an automated...
ABA Data Bank: Car insurance prices hitting the gas
The cost of auto insurance rose more than 22% year-over-year in March, the largest annual jump since 1976.
Fed: Bank system remains sound, profitable
The banking system over the past few months has remained sound and resilient, with risk-based capital ratios well above regulatory...
