FDIC Provides Clarification on Financial Reporting Competition
The FDIC provided additional information today for banks working with competitors in its “tech sprint” competition in financial reporting innovation.
Tag: Technology
Nichols Calls for Scrutiny of Chartering ‘Loopholes’ for Nontraditional Financial Firms
In an American Banker op-ed today, ABA President and CEO Rob Nichols urged the Federal Reserve to “take a very ...
CSBS Announces New Executive Leadership Team, 2021 Priorities
As part of an organizational restructure, the Conference of State Bank Supervisors today announced its executive leadership team.
Survey: Younger Customers More Likely to Switch Banks for Better Digital Features
Bank customers under the age of 55 are the most likely to switch banks to gain access to better digital ...
Nichols Provides Update on ABA Core Platforms Initiative, Debuts CoreConnection
During opening remarks at ABA's virtual Conference of Community Bankers today, ABA President and CEO Rob Nichols shared an update ...
Survey: Bankers View Cybersecurity Threats as Top Priority for 2021
Bankers believe that cybersecurity threats will present the greatest challenge to the financial industry in 2021, according to a recent ...
Brainard: Agencies Weighing RFI on Artificial Intelligence
In remarks at a virtual event hosted by the Federal Reserve today, Fed Governor Lael Brainard said that the federal ...
Survey: 44% of Small Business’ Explored Online Lending Last Year
Small businesses are exploring online lending, with 44% saying they looked into the option in the past year and 25% ...
FDIC Publishes Wide-Ranging Community Banking Study
The FDIC today released a large-scale Community Banking Study that examines community bank performance between year-end 2011 and year-end 2019.
Nichols Discusses Role of Regulators in Innovation
As community banks continue to innovate—a task that has only become more important since the COVID-19 pandemic began—regulators play two ...
