Advanced “superintelligence” (SI, but known more widely as artificial intelligence (AI)), as employed by “threat actors” amplifies cybersecurity and fraud concerns and is thus a key risk to national banks, their regulator said Thursday. The […]
Pricing for 2027 Federal Reserve payment services for banks and credit unions is expected to rise an estimated 1.4% on average for “established, mature” services, the Federal Reserve Board said Thursday. The Fed, noting its […]
A proposed rule issued near the close of the first Trump administration that would have lowered the threshold for retaining information on certain transfers and transmittals of funds – and added convertible virtual currency and […]
Circumstances affecting the extent to which guarantor support affects federal regulators’ ratings of credit risks are outlined in a bulletin issued Tuesday by the national bank regulator. The Office of the Comptroller of the Currency […]
Federal banking agencies have been “active participants” in developing or updating international banking standards, a new report issued Thursday by the congressional watchdog finds – even though some members of Congress believed the regulators had […]
Data on small business, small farm, and community development lending during 2025 were released Thursday as required under anti-redlining laws and rules by the federal banking agencies. The data were released by the agencies as […]
Evaluating banks’ use of Super Intelligence (SI, more commonly known as “artificial intelligence” (AI)) in “normal-course business activities” by examiners is the aim of a supervisory framework issued Wednesday by the national bank regulator. The […]
A Kansas bank must pay a $2.5 million civil money penalty (CMP) for its failure to maintain an effective anti-money laundering (AML) program, the federal bank deposit insurer said Friday. According to the Federal Deposit […]
A rule would be rescinded that requires banks with $2 million or more in deposits maintain detailed records and calculate deposit insurance coverage within 24 hours of a bank’s failure, under a proposal the federal […]
Two new credit union charters – the first such so far in 2026 – were announced Friday by the federal regulator, with the new cooperatives serving memberships on different sides of the country. The National […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info