OCC: National banks can engage in riskless principal crypto transactions
The OCC issued new guidance for agency staff stating that national banks may engage in riskless principal crypto-asset transactions.
Compliance and Risk
Freddie Mac issues guidelines for AI use by mortgage companies
Freddie Mac has updated its guidelines for mortgage companies to establish a framework for the responsible use and deployment of...
Tokens from history
Are stablecoins a high-tech revival of wildcat banks? Lessons from history for today’s payment innovators.
Are we sleepwalking into an agentic AI crisis?
Governance of autonomous AI agents may not be keeping up with the power of the technology.
Survey finds many bank customers not protecting accounts
The survey found that 23% of bank customers and 29% of credit card customers said they had not taken any...
FDIC, OCC repeal guidance on leveraged lending
The FDIC and the Office of the Comptroller of the Currency rescinded guidance on leveraged lending issued more than a...
G7 paper seeks to align financial sector cyber incident responses across borders
A G7 working group released a set of nonbinding principles to align cyber incident response and recovery approaches for the...
FinCEN analysis shows scope of ransomware problem
A new analysis of Bank Secrecy Act reports found that more than $2.1 billion in ransomware payments were made over...
Community banks’ strategic goals and planning
Big challenges, big goals and the tools community banks need to tackle them in 2025.
Learning from banks’ 2023 borrowing from the Fed
Use of the discount window by banks reaffirms that severe stress in 2023 was limited to a handful of banks.
