Survey: Majority of financial institutions deploying generative AI
While banks have long employed artificial intelligence tools, a new survey shows that a majority of banks globally have either...
Technology
Harnessing AI for smarter, stronger compliance
Banks that successfully integrate AI into their compliance operations tend to follow the mantra: Automate the process, not the principle.
Proposed amendment would add Credit Card Competition Act to Senate stablecoin bill
Sen. Roger Marshall (R-Kan.) has filed an amendment to add credit card network routing mandates to an unrelated bill establishing...
Senate votes to advance stablecoin bill
A bill to create a regulatory framework for payment stablecoins cleared a key procedural hurdle after several Democrats joined Republicans...
FS-ISAC releases annual report on financial sector cyber threats
The financial sector is scrambling to keep up with the heightened risks posed by cyber threats through increasing investment in...
Bank marketers double down on AI
Bank marketers will continue to test the AI waters and find efficiencies and scale.
Acting Comptroller Hood outlines OCC priorities
In a recent speech, Acting Comptroller Rodney Hood outlined his top priorities for the OCC, including efforts to promote financial...
Stablecoin legislation hits roadblock in Senate
A bill to create a regulatory framework for stablecoins stalled in the Senate after it failed to generate enough votes...
OCC clarifies bank authority to engage in crypto custody
The OCC said banks are free to engage in cryptoasset custody and execution services as long as such activities are...
OCC seeks comment on digitalization challenges for community banks
The OCC is seeking public input on the key challenges and barriers faced by community banks in the adoption and...
