Calling artificial intelligence (AI) a “powerful technology,” the regulator of national banks said Tuesday it can be used to help banks make more informed decisions – but only if it is built and used responsibly, […]
Embracing bank-fintech partnerships and expanding “responsible bank activities involving digital assets” are two of the top four priorities of the acting leader of the national bank regulator, he told a Washington group Wednesday. Speaking before […]
“Conditional approval” for a financial technology (fintech) company to change the business model of an Illinois bank — after the firm completes its purchase of the bank – was approved by the national bank regulator, […]
Banks may engage in “a range of cryptocurrency activities” now deemed permissible by the national bank regulator, the agency said late Friday. In a release (and interpretive letter 1183 to banks) the Office of the […]
The new, acting head of the Office of the Comptroller of the Currency (OCC) on Tuesday said the agency had formally withdrawn from the international Network of Central Banks and Supervisors for Greening of the […]
Outgoing Federal Deposit Insurance Corp. (FDIC) Board Chairman Jelena McWilliams received a note of acknowledgement Wednesday from her colleagues at the credit union regulator’s board with a joint statement signed by all three. NCUA Chairman […]
President Joe Biden’s (D) “intent to nominate” NCUA Board Chairman Todd Harper to a term ending in 2027 (and continue as chairman) puts one dent into the long list of financial regulator positions that still […]
Watching closely to determine what additional support may be needed for smaller credit unions and minority depository institutions in the months to come as they face the continuing coronavirus crisis will be a priority for […]
National Credit Union Administration (NCUA) Board Member Rodney Hood has been named the agency’s representative on the board of NeighborWorks America, a public-private organization that promotes affordable housing and community development, NCUA Chairman Todd Harper […]
The new chairman of the federal credit union regulator’s board received congratulations Tuesday from the Senate Banking Committee’s incoming chairman, as well as his colleagues on the agency panel itself. Todd M. Harper was designated […]
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