OCC finalizes revised chartering rules for national trust institutions
The OCC has finalized a rule that amends its chartering regulations to clarify that national banks with trust powers are...
Payments
Regulators field lawmaker questions on Basel endgame, stablecoins
Regulators said they expect to repropose the Basel III endgame capital requirements by the end of March and fielded questions...
How the Durbin Amendment hurt consumers — and why expanding it would hurt more
New research from a one-time Durbin defender shows debit card interchange fee caps distorted the payments ecosystem and failed to...
OCC releases proposed rule to implement payment stablecoin legislation
The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on...
RTP network surpasses 2M single-day payments
The RTP network processed 2.05 million payments earlier this month and reached a single-day value record of $8.36 billion a...
Bankers share stablecoins’ opportunities, risks for community banks
Congress last year passed the Genius Act, creating a regulatory framework for stablecoins.
Are payment stablecoins too risky to be used for payments?
Payment stablecoins are intended to be a payment method, but when used as a store of value, their supposed one-to-one...
Nichols highlights community banking wins, challenges at CCB
Kicking off the ABA Conference for Community Bankers in Orlando, ABA President and CEO Rob Nichols highlighted the progress made...
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase...
Federal court partially upholds Illinois interchange fee law
A federal court in Illinois partially upheld a first-of-its-kind state law restricting interchange fees for debit and credit card payments,...
