Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Helping community banks assess risks when considering relationships with financial technology companies is the aim of a new guide issued Friday by the federal banking agencies. In separate releases, the agencies said the guide – […]
Banks and their customers in Tennessee affected by devasting floods earlier this month are provided some regulatory relief from the federal insurer of deposits to help them recover. The floods occurred in Middle Tennessee on […]
A working paper focused on construction loan losses, and potential drivers, at more than 275 banks that failed between 2008 and 2013 was released Wednesday by the Federal Deposit Insurance Corp. (FDIC). For the paper, […]
Changes in advertising rules and disclosure and recordkeeping requirements under the Fair Housing Act are included in an updated consumer compliance examination manual (CEM), the federal insurer of bank deposits said Wednesday. The updates were […]
The Federal Deposit Insurance Corp. (FDIC) reportedly is addressing concerns raised by its Office of Inspector General (OIG) over an external wireless network solution cloud service that was deployed prior to a 2018 risk management […]
Banks’ ability to withstand a major disruption – including natural disasters and cyber attacks – is the focus of a new “tech sprint” announced Monday by the federal insurer of bank deposits. The Federal Deposit […]
Title: Request for Information on the Federal Deposit Insurance Corporation’s Supervisory Approach to Examinations During the Pandemic Subject: Examinations during pandemic Agency: FDIC Status: RFI Summary: The FDIC is seeking information and comments from financial […]
Feedback from banks and thrifts on the federal bank deposit insurer’s supervisory approach to examinations during the COVID-19 pandemic is sought in a request for information (RFI) noted Friday in an agency Financial Institution Letter […]
Eight teams with members from banking, philanthropy, and other fields will participate in a “tech sprint” to explore how community banks can meet the needs of the unbanked and will present their findings in September, […]
Revised guidance on effective authentication and access risk management principles and practices related to digital banking services and information systems was issued Wednesday by the umbrella Federal Financial Institutions Examination Council (FFIEC). The guidance replaces […]
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