The FDIC this week announced the selection of eight teams to participate in a “tech sprint” to explore new technologies for banks that will help meet the needs of unbanked individuals.
The cloud helped banks respond to the pandemic, but it can do even more.
The FDIC is seeking feedback on its supervisory approach to examinations during the pandemic, including on-site and off-site activities, use of technology and communication methods, according to a request for information published in the Federal Register today.
Worldwide, most financial services companies are using some form of cloud technology, with 83% reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.
The Federal Financial Institutions Examination Council today issued a guidance for financial institutions on effective authentication and access risk management principles for digital banking services.
In the wake of the Colonial Pipeline ransomware attack in early May, U.S. financial regulators have been sending louder messaging about data protection for all financial entities, said Sheltered Harbor president Carlos Recalde on a recent episode of the Dell Technologies Power2Protect podcast.
The more open banks are about the challenges they’re looking to solve, the more their fintech partners can understand how to deliver a solution.
The FDIC has selected four companies to submit proposals for technology to help banks better use data as part of its ongoing Rapid Phased Prototyping Competition.
From its origins as one of the original “mobile banks” in the 1990s—designed to serve truckers across the country through a network of truck stops—TAB Bank has evolved into an innovative digital bank serving businesses across sectors and around the country.
With the right blend of people, empowerment, customized solutions and technology, banks are well-positioned to be heroes by growing with small businesses and supporting their efforts.