Agencies Weigh Options for Reducing Burdens Around Bank, Third-Party Partnerships
Senior regulatory officials said they are considering ways to reduce burdens banks face when partnering with third-party service providers, including...
Technology
The Hunt for Frictionless Connections That Are Also Safe
As consumer expectations expand to include an anywhere, anytime, any-device type of mindset, multichannel support and interactive communication features become...
Podcast: Coaching Business Clients Through the COVID Crisis
Beyond the immediate changes required by social distancing, the COVID-19 pandemic has "accelerated things that were in progress for a...
Financial Trades Raise Concerns About Potential OCC Payments Charter
The American Bankers Association joined several financial trade associations today in a letter to Acting Comptroller of the Currency Brian...
ABA Study Provides Window into Pre-COVID, Post-COVID Construction Lending
ABA today released a research study examining banks’ construction lending activity.
CFPB to Issue ANPR on Data Access Rights
The Consumer Financial Protection Bureau will issue an advance notice of proposed rulemaking later in the year on consumer-authorized access...
ABA Calls for Inclusion of E-Sign Modernization Bill in Coronavirus Relief Package
As the Senate prepares to unveil its latest coronavirus relief bill, the American Bankers Association and several financial trades urged...
OCC: Banks May Offer Crypto Asset Custody Services
In an interpretive letter today, the OCC said that national banks and federal savings associations may provide cryptocurrency custody services for their...
OCC Issues Long-Awaited ‘True Lender’ Proposal
In a long-awaited move, the OCC today issued a proposal establishing a “clear test” to determine when a bank making a loan is...
FDIC Seeking Feedback on Voluntary Certification Program for Innovation
As part of its ongoing effort to support innovation, the FDIC issued a request for information today seeking input on...
