OCC risk report: Banks well-positioned for economic headwinds
This year’s spring report presents data in five main areas: operations, bank performance, special topics, trends in key risks and supervisory actions.
Browsing: Operations
Podcast: Have the Cores Stepped Up to the Challenge?
During the CoreConnection session at ABA’s Conference for Community Bankers, core provider CEOs sounded notes that will sound familiar to those following the work of ABA’s Core Platforms Committee: open APIs, access to data and flexible and transparent contracts.
Survey: Overcoming Data Integration Challenges Improves Customer Service
Having an effective data strategy is important to financial leaders, with 80% saying they would be able to improve customer service by overcoming the challenges of integrating external data into core platforms, according to a report released by regtech firm Encompass.
How Community Banks Survived the COVID Pandemic
CEO survey reveals banks’ resilience, commitment to employees and communities
FDIC Announces Tech Sprint Focused on Operational Resiliency
The FDIC today announced another “tech sprint” to evaluate how well banks can withstand a major disruption of any kind—from natural disasters to cyber incidents.
FDIC Solicits Feedback on its Pandemic Examination Approach
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.
Powering the Hybrid Bank Workplace
How getting the most out of collaboration tools can lead to a better future for banks.
Fed: Banks Demonstrated Financial, Operational Resilience During COVID-19
Throughout the COVID-19 crisis, “the benefits of a resilient banking system have been evident” as banks’ “strong capital and liquidity positions” have enabled the pandemic recovery, the Federal Reserve said today in its supervision and regulation report.
Basel Committee Issues Principles for Operational Resilience, Risk
The Basel Committee on Banking Supervision today issued a pair of guidance documents to help banks manage operational resilience and risk.
Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations
On the latest episode of the ABA Banking Journal Podcast, ABA Senior Counsel Shaun Kern discusses the OCC’s recent proposal to revise its rules on permissible bank premises for national banks and federal thrifts, as well as ABA’s call for the agency to withdraw the proposal.