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The new survey found small businesses are spending an average of $13,000 per month on their credit cards

The bank said it “respectfully disagrees” with the decision

The OCC’s acting deputy comptroller for the Office of Financial Technology discussed agency supervision of banks’ use of financial technologies

Plus: WaFd and Luther Burbank have extended the deadline to complete their merger

Electronic Payments Coalition survey found that most Americans currently have a credit card with a rewards program

The ABA and ICBA have praised Congress’ decision to nullify the rule

Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action

The CFPB has levied the fine for failing to collect information on some mortgage applications

Plus: Illinois-based First Busey to acquire Merchants and Manufacturers Bank

Ahead of COP 28, new research shows the ways in which institutions are embracing ESG issues regardless of policy action

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