How privacy impacts innovation in banking
Bankers should familiarize themselves with privacy as well as the ways in which it manifests in the epicenter of AI and open finance.
Bankers should familiarize themselves with privacy as well as the ways in which it manifests in the epicenter of AI and open finance.
The Federal Reserve announced individual capital requirements for banks with more than $100 billion in total consolidated assets.
After years of preparation, banks saw a smooth transition to SOFR and other alternative rates.
Special-purpose credit programs build on data sharing to expand lending outreach.
While artificial intelligence and machine learning have enormous potential, Federal Reserve Vice Chairman for Supervision Michael Barr cautioned that “they also carry risks of violating fair lending laws and perpetuating the very disparities they have the potential to address.”
And it permissible for a bank to purchase an email list from a third party to send out email marketing materials to non-customers?
The Basel Committee on Banking Supervision issued a consultative document updating its core principles for effective banking supervision—a universally applicable set of global standards for the sound prudential regulation and supervision of banks.
Full-population testing eliminates the potential for unknown compliance violations and empowers financial institutions to address issues quickly.
ABA last week called for substantial revisions to the CFPB’s recently proposed guidance on the “abusiveness” standard as defined by the Consumer Financial Protection Act.
A practical guide to preparing for the Section 1071 small business lending data collection.