Buy now, pay later (BNPL) company Sezzle wants to make it easier for college students. The company on Tuesday (Dec. 20) launched a partnership with the Independent College Bookstore Association (ICBA), a support group for college stores. “Today’s generation of college students is drowning in...
In February, the Consumer Financial Protection Bureau (CFPB) launched a request for information from the public about the impact that “junk fees” are having on consumers. In April, the agency closed the consultation after receiving a staggering 80,000 comments. Last Wednesday (April 27), CFPB Director...
The exponential growth of buy now, pay later (BNPL) in the last two years, with approximately $97 billion in transactions in 2021, has brough significant regulatory interests around the world, including the U.S. In December 2021, the Consumer Financial Protection Bureau (CFPB) launched an inquiry against five...
Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose information about their lending to small businesses. Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued a statement saying...
May 02, 2022
In February, the Consumer Financial Protection Bureau (CFPB) launched a request for information from the public about the impact that “junk fees” are having on consumers. In April, the agency closed the consultation after receiving a staggering 80,000 comments. Last Wednesday (April 27), CFPB Director Rohit Chopra gave testimony in Congress, where lawmakers questioned him […]
April 13, 2022
The exponential growth of buy now, pay later (BNPL) in the last two years, with approximately $97 billion in transactions in 2021, has brough significant regulatory interests around the world, including...
October 29, 2019
Credit unions (CUs) are a worldwide phenomenon, with the World Council of Credit Unions’ newly-released 2018 Statistical Report finding that 85,400 CUs exist in 118 countries, serving more than 272.2...
March 12, 2019
Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer...
December 20, 2022
Buy now, pay later (BNPL) company Sezzle wants to make it easier for college students. The company on Tuesday (Dec. 20) launched a partnership with the Independent College Bookstore Association (ICBA), a support group for college stores. “Today’s generation of college students is drowning in debt more than ever before in an endless cycle of […]
April 25, 2018
TCM Bank has announced that the Visa Signature Travel Consumer Credit Card is being added to its product lineup. Visa’s spring 2018 market outlook report shows that consumers are spending more...
March 14, 2018
Timothy Zimmerman, the new chair of the Independent Community Bankers of America (ICBA) believes the biggest threats to banks right now are hackers, FinTech firms and other nonbanks. “Cybersecurity is...
October 11, 2017
The Independent Community Bankers of America (ICBA), the trade group for community banks, is calling on the Federal Deposit Insurance Corporation (FDIC) to deny a federal deposit insurance application by...
