ABA Welcomes CFPB Move on Privacy Notices
ABA and several other trade groups today welcomed the Consumer Financial Protection Bureau’s move to implement recent legislation providing banks...
Technology
Senators Request Detail on Regulators’ Approach to Fintech
In a letter to the heads of the financial regulatory agencies yesterday, Sens. Sherrod Brown (D-Ohio) and Jeff Merkley (D-Ore.)...
Nasdaq, KBW Launch Fintech Index
The Nasdaq Stock Market and investment bank Keefe, Bruyette and Woods yesterday launched a new stock index focused on publicly...
Agencies Issue Final Updates to CRA Q&As
The federal banking agencies issued revised questions and answers today on Community Reinvestment Act compliance. In their final guidance, the...
Nichols Brings Message of Fintech Innovation, Partnership to Capitol Hill
Banks are aggressively innovating and partnering with financial technology startups, but Congress and regulatory agencies could do more to promote...
OCC: Credit, Strategic Risk Leading Issues for Small, Midsize Banks
The OCC is focusing on credit risk and strategic risk as the top risk priorities in its supervision of community...
ABA, FS-ISAC Issue Statement on SWIFT Compromises
In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services...
FDIC Streamlines IT, Operations Risk Exam Procedures
Effective July 1, the FDIC will implement the Information Technology Risk Examination (InTREx) program for conducting IT and operations exams.
Federal Agencies Release Ransomware Resources
Several federal agencies today released two new resources developed to inform senior executives at critical infrastructure entities of the threat...
ABA, Groups Call for Revisions to FDIC Deposit Recordkeeping Proposal
In a joint letter with three other financial trade associations today, ABA responded to an FDIC proposal that would require...
