OCC, CSBS Exchange Views on OCC’s Special-Purpose Charter
The OCC’s proposed limited-purpose charter for fintech companies was the subject of a lively discussion at the American Bankers Association’s...
Technology
Hultgren: Congress Must Ensure Level Playing Field Between Banks, Fintech Companies
As more and more fintech companies emerge in the financial services industry, Rep. Randy Hultgren (R-Ill.) today said that that...
Survey Finds Ease of Use Top Consumer Priority for Banking Apps
Ease of use and navigation is the most important element for bank and credit card mobile app users, according to...
ABA Announces Three Endorsements at Compliance Conference
ABA today announced three new Endorsed Solutions at the association’s Regulatory Compliance Conference in Orlando, Fla. The new endorsements, made...
OCC Addresses Bank Collaboration, Fintech in Vendor Risk FAQs
Responding to several questions flagged by ABA, the OCC today issued a set of frequently asked questions to help bankers...
Nichols: Bankers on ‘Leading Edge of Cybersecurity’
As the guardians of consumers’ sensitive financial data, America’s banks are “on the leading edge of cybersecurity,” ABA President and...
Updates to Reg CC Encourage Faster Check Processing, Include Electronically-Created Items
The Federal Reserve today announced long-awaited changes to certain sections of Regulation CC, which implements the Expedited Funds Availability Act.
Bryan Jordan Has His Eyes on the Horizon
Memphis-based First Horizon enjoys strong and steady growth. Its CEO wants a regulatory environment that helps all banks do the...
Supreme Court Limits Ability of Patent Assertion Entities to Cherry-Pick Courts
The Supreme Court today reversed a lower court finding and dealt a blow to the ability of patent assertion entities...
FS-ISAC Monitoring Ransomware Attack; No Financial Sector Impacts Yet Reported
A massive ransomware cyber attack spread around the world on Friday, affecting more than 230,000 computers in about 150 countries,...
