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  • [ May 13, 2022 ] Use of AI under consideration by national bank regulator – recognizing risks that banks face using the technology OCC
  • [ May 12, 2022 ] Two more confirmed to Fed Board – chair and member – both on bipartisan, overwhelming votes The Fed
  • [ May 12, 2022 ] Worker tries to bump bank salary by faking offer from competing institution The Fed
  • [ May 12, 2022 ] Comptroller voices concern over ‘hype, risk’ consumers facing with crypto investments; counsels education, awareness OCC
  • [ May 12, 2022 ] Agencies finally release revised flood insurance Q&As, including 144 new, updated ones FDIC

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Today

  • Use of AI under consideration by national bank regulator – recognizing risks that banks face using the technology

    May 13, 2022 0
    Use of artificial intelligence (AI) tools is being considered by the regulator of national banks to enhance its monitoring of risks in the banking system, a top official at the agency told a congressional task force Friday. In a hearing [...]
  • Two more confirmed to Fed Board – chair and member – both on bipartisan, overwhelming votes

    May 12, 2022 0
    The Federal Reserve Board now has a permanent chair, and is a step closer to having its full contingent of seven members after action in successive days by the U.S. Senate. Jerome H. (“Jay”) Powell was confirmed by the Senate [...]
  • Worker tries to bump bank salary by faking offer from competing institution

    May 12, 2022 0
    A former worker of Deutsche Bank AG New York Branch agreed to a cease and desist order from the Federal Reserve that the banker faked a proposed salary offer from a competing firm seeking to hire him in order to [...]
  • Comptroller voices concern over ‘hype, risk’ consumers facing with crypto investments; counsels education, awareness

    May 12, 2022 0
    The hype and the risk consumers face with cryptocurrency investments and other digital assets is of concern to the national banking regulator, he told a group Thursday, describing the ventures as a “get rich quick” scheme. Wherever you look, someone [...]
  • Agencies finally release revised flood insurance Q&As, including 144 new, updated ones

    May 12, 2022 0
    Federal flood insurance law and federal regulators’ implementing rules are the topic of revised questions and answers (Q&As) released late Wednesday by federal financial institution regulators and the Farm Credit Administration (FCA). According to the agencies (which included the three [...]

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