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.
How AI-generated impersonation is reshaping the risk landscape as the voice channel remains an important customer-contact method for the banking industry.
Most parents and grandparents believe today’s children are less prepared to manage money as adults than they were at the same age, according to a new survey by Wealth Enhancement. The survey also polled adults on their feelings...
The rate for a 30-year fixed-rate mortgage was 6.65% this week. The rate for a 15-year fixed-rate mortgage was 5.95%.
Ann Barron-DiCamillo, EVP and CISO at U.S. Bank, has been selected as the next chair of the Financial Services Sector Coordinating Council. She succeeds Debbie Guild, EVP and head of technology at PNC Financial Services Group, who recently...
The Treasury Department released proposed regulations to limit eligible investments for Trump Accounts to choices with low expense ratios and to exclude products with “excessive fees or unnecessarily complex strategies.”
Noting more than half of recent bank charter applications received by his agency involve digital assets, Comptroller of the Currency Jonathan Gould said his job isn’t about “incumbent protection” but rather preserving the integrity of the banking system.
