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News & Headlines

Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline

Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline Smaller debit card issuers continued to see a decline in debit interchange revenue, according to the Federal Reserve’s biennial survey of debit card issuers’ economics released y

CFPB Seeks Advisory Council Applications

The Consumer Financial Protection Bureau is requesting applications for positions on its various advisory panels.

OCC Reports Fourth Quarter 2018 Bank Trading Revenue

The Office of the Comptroller of the Currency reported trading revenue of U.S. commercial banks and federal savings associations of $4.2 billion in the fourth quarter 2018, which was $2.9 billion, or 41.0 percent, less than the previous quarter.

FDIC’s ‘Supervisory Insights’ Highlights Libor Transition

With the future of Libor uncertain beyond 2021, the FDIC’s Winter 2018 Supervisory Highlights provides an overview of steps for banks to take to help transition to an alternative reference rate.