The Office of the Comptroller of the Currency announced today that it has created a new page on its website with resources to help community banks meet their digitalization objectives.
Digitalization uses financial technology to change a business model, provide new revenue and value-producing opportunities, or automate business processes, according to the OCC. The webpage contains a non‐exhaustive list of relevant OCC rules, statements and guidance that community banks can reference when pursuing their digitalization efforts.