Federal Reserve to Explore Central Bank Digital Currency
The Federal Reserve plans to publish this summer a discussion paper exploring the implications of issuing a U.S. central bank...
Technology
OCC’s Hsu Says Fintech Firms Should Be Chartered in ‘Safe and Sound Way’
Testifying before the House Financial Services Committee today, Acting Comptroller of the Currency Michael Hsu said that the OCC needs...
FDIC Solicits Feedback on Banks’ Digital Asset Activities
The FDIC is looking for feedback on insured depository institutions’ current and potential digital asset activities. According to the agency,...
FTC: Cryptocurrency Investment Scams 12x Over Previous Year
Since October 2020, almost 7,000 people have reported losing money from cryptocurrency investment scams, the Federal Trade Commission said today—12...
ABA Data Bank: Smartphone Ownership Among Older Americans Increased in 2020
According to a survey by the AARP, 85% of adults over the age of 50 owned a smartphone in 2020,...
McWilliams: FDIC to Seek Comments on Digital Assets
The FDIC in the coming days will issue a request for information to seek additional information on how banks are...
How Banks Can Leverage Document Automation
Email, spreadsheets and manual searches slow down the loan process.
Several Core Providers to Cover Cost for MDIs to Join RTP Network
The Clearing House, Jack Henry, FIS and Fiserv announced today that they will cover the cost for minority-owned depository institutions...
Capitalizing on Trust: How to Build Social Selling Into Your Marketing Stack
People trust people, and banks that have individual employees actively using social media on behalf of the bank’s brand are...
Improving Digital Journeys So Customers Stay Connected to Your Bank
Continual self-assessment can be a key tool to identifying areas to improve.
