FDIC releases advisory, fact sheet on deposit insurance and crypto
The FDIC issued an advisory to banks today regarding what it says are misrepresentations by some cryptocurrency companies that their...
Technology
Digital hub to help financial regulators assess climate change risks
The Treasury Department today launched the Climate Data and Analytics Hub pilot, a digital tool that will allow financial regulators...
Data breaches grow costlier for financial institutions
Data breaches cost financial intuitions an average of $5.97 million in 2021 and 2022, with health care being the only...
The core of the challenge: Technology risk in a new era of continual change for banks
Banks are considering core platform changes as they face increasing technology-driven risks
OCC issues call for fintech research
OCC wants info on the effects of fintech entities and nonbanks on banking and the markets for lending, deposit and...
Survey: marketing technology maturity drives leads, revenue
Financial firms that invest in marketing technology, or martech, enjoy deeper customer engagement, more leads and conversions, and higher revenue,...
CPMI, IOSCO issue guidance for systemically important stablecoin arrangements
The guidance is intended to provide more clarity to systemically important stablecoin arrangements, or SAs, and relevant authorities, but is...
ABA appoints new head of Office of Innovation
Brooke Ybarra will help ABA members keep pace with technological innovation and emerging technologies that benefit the banking industry.
FHFA seeks input on fintech in housing finance; establishes fintech office
The Federal Housing Finance Agency is seeking feedback on the role of financial technology in housing finance and the risks...
Accuracy, consistency, efficiency: How AI strengthens AML compliance
AI can strengthen policy adherence, improved accuracy and consistency of results and reduce regulatory risk.
