For Community Banks, COVID-19 Brings Existential Concerns to Fore
Business conditions were most often called the single biggest challenge facing community banks, according to an annual survey released yesterday ...
Tag: Third-party risk
ABA Outlines Possible Features of Third-Party Technology Certification Program
The American Bankers Association today outlined possible features of a public-private partnership that could certify third-party technology providers.
A Core Transformation Strategy Session
Five strategies for community and midsize banks weighing “what next?” for their core processing needs.
McWilliams Emphasizes Innovation’s Role in Financial Inclusion
Financial innovation can deliver “tremendous benefits” to consumers and help minority depository institutions enhance participation in the mainstream financial system, ...
ABA Offers Feedback to OCC on Fostering Innovation
In an extensive comment letter to the OCC today, the American Bankers Association offered feedback on a recent advance notice ...
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 ...
A New Way Forward with Risk Operation Centers
The COVID-19 crisis has highlighted that our current risk models and third-party risk practices are no longer adequate. A proactive ...
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 ...
Podcast: OCC’s Brooks Plans to Unveil ‘Payments Charter 1.0’ This Fall
The OCC is planning to unveil what Acting Comptroller Brian Brooks called "payments charter 1.0" as soon as this fall, ...
Conducting Pandemic Risk Assessments: What Banks Need to Know
Regulators will expect banks to be better prepared for the next crisis event, and they have offered guidance on how ...
