As long as banks have existed, they’ve deployed innovative technology to better serve their customers and improve efficiency. On the latest episode of the ABA Banking Journal Podcast, two leading bankers discuss distinct approaches to partnering with fintech firms today.
Browsing: Third-party risk
Thinking beyond the fallout from a cyber incident.
The OCC today released its bank supervision operating plan for fiscal year 2019, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year starting on Oct. 1.
Bankers weigh the pros and cons of shared due diligence services.
The Financial Accounting Standards Board has issued a draft proposal allowing companies to capitalize certain implementation costs relating to new systems that operate on cloud technology, an issue that was first raised to FASB by members of the American Bankers Association’s Accounting Administrative Committee.
Cyber, third parties and regulatory changes continue to top the list.
Sen. Ed Markey (D-Mass.) weighed in today on the importance of security of customers’ financial data when they share it with third parties.
In a comment letter to the Treasury department yesterday, ABA provided extensive feedback on several Bank Secrecy Act and anti-money laundering regulations that could be eliminated, modified or streamlined to reduce the compliance burden on banks in response to an executive order issued by President Trump earlier this year.