Banks Get Smart on Fintech
What venture capital sees when it surveys the bank tech landscape.
Browsing: Technology
Successful Tech Implementation Is a Team Sport
Setting expectations, planning appropriate timelines and educating end users all make it easier to onboard a new tech solution.
CSBS Files Complaint Against OCC Challenging Fintech Charter
The Conference of State Bank Supervisors yesterday filed a complaint in the U.S. District Court for the District of Columbia challenging the OCC’s creation of a new special-purpose national bank charter for nonbank companies and the impending charter approval of fintech Figure Technologies.
A (Video) Visit from St. Nicholas
Local banks share their video tools to bring some virtual Christmas cheer to families.
Tech Solutions Can Help Banks Manage Holiday Customer Needs
Mixing automation technology with useful data and smart communication encourages seamless connections that solve problems during a busy season.
Nichols Discusses Role of Regulators in Innovation
As community banks continue to innovate—a task that has only become more important since the COVID-19 pandemic began—regulators play two key roles in that process, ABA President and CEO Rob Nichols said during a virtual industry event today.
Security Vendor Reports Major Supply Chain Cyberattack Affecting Government, Private Clients
A major cyberattack announced over the weekend on SolarWinds—a security vendor that serves a wide range of military, private companies, government agencies, and academic institutions—may have allowed hackers to gain access to the emails, systems and data of several of its clients, including the Treasury and Commerce Departments, among others.
Top Regulators Discuss Potential Improvements to Bank Supervision
In remarks at an industry event today, Federal Reserve Vice Chairman for Supervision Randal Quarles discussed possible ways to improve the supervisory ratings system that regulators use to assess banks’ strength in various risk areas to make them “more consistent and more predictable.”
FinCEN Releases Guidance on Financial Crime Information Sharing Program
The Financial Crimes Enforcement Network released new guidance on the Patriot Act Section 314(b) information sharing program, FinCEN Director Kenneth Blanco said today at the ABA/ABA Financial Crimes Enforcement Conference.
ABA Partners with K2 Integrity to Offer Financial Crimes Resources
During a session at the ABA/ABA Financial Crimes Enforcement Conference today, ABA announced its intent to partner with K2 Integrity, one of the preeminent global risk, compliance, investigations, and monitoring firms.