Podcast: What Legislative and Regulatory AML/BSA Changes Mean for Banks

While artificial intelligence is widely used for fraud and scams, fraudsters are getting increasingly frustrated with detection systems used by banks and other organizations to to spot use of the technology, according to a new report on the...

The FDIC and OCC released the market scenarios they will use in their upcoming stress tests for financial institutions. The agencies coordinated with the Federal Reserve to develop the scenarios, with the Fed releasing its scenarios last week.

Two House lawmakers have introduced legislation directing social media companies to take steps to fight fraudulent advertisements on their platforms. A companion bill was recently introduced in the Senate.

As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop, ABA said. The association also...

The banking agencies announced they are rescinding the FAQs on the Liquidity Coverage Ratio but will leave the documents online for public viewing.

Ginnie Mae and the Federal Housing Finance Agency must take steps to better assess the funding risks of the nonbank mortgage companies that they monitor, the Government Accountability Office concluded in a new report.