Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Violations of truth in lending rules were at the top of the top five violations of consumer protection laws in 2020 among banks, the federal insurer of bank deposits said Wednesday in releasing its annual […]
Title: Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning Subject: FIs’ use of artificial intelligence Agency: CFPB, FDIC, Federal Reserve, NCUA, OCC Status: Request for information and comment […]
Reporting home mortgage-related data collected this year and to be reported in the next is outlined in an updated guide released Tuesday by the umbrella group for federal financial institution regulators. According to the Federal […]
Information on how financial institutions use artificial intelligence (AI) in their activities, including fraud prevention, personalization of customer services, credit underwriting, and more is sought under a request for information announced Monday by federal bank, […]
The nine enforcement orders issued in February by the federal bank deposit insurer included one $7,500 civil money penalty assessment related to improper reimbursements and one prohibition of a former bank manager who falsified reports […]
The failure last October of the $69 million-in-assets Almena State Bank, Almena, Kan., estimated to have cost the federal bank deposit insurance fund $18 million, was chalked up to a risky growth strategy coupled with […]
A 35-year veteran of the federal insurer of bank deposits will lead the agency’s Chicago region, the agency said Friday. Gregory P. Bottone was appointed regional director of the Federal Deposit Insurance Corp.’s (FDIC) Chicago […]
Clarification about the “rapid phased prototyping (RPP) initiative” for banks and other federally insured institutions – a program designed to help accelerate the adoption of new technological solutions – is outlined in a letter issued […]
The interagency council formed under the 2010 Dodd-Frank Act to identify risks to financial stability and respond to emerging threats is set to meet next Wednesday on climate change and its potential impact on stability, […]
The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking will hold an open meeting April 13 that will be viewable only by webcast, according to a notice for the Federal Register. The committee, […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info