FFIEC Updates IT Exam Handbook to Include Mobile Services

The Federal Financial Institutions Examination Council today released a new appendix to its “FFIEC Information Technology Examination Handbook.” The appendix focuses on risk management practices for mobile financial services, such as SMS text messaging, mobile apps and wireless payment technologies.

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About Author

Monica C. Meinert

Monica C. Meinert is deputy editor of the ABA Banking Journal and a senior editor at the American Bankers Association, where she oversees ABA Daily Newsbytes.