The Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corp. (FDIC), Federal Reserve, National Credit Union Administration (NCUA), and Office of the Comptroller of the Currency (OCC) are gathering information and comments on financial institutions’ […]
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 […]
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 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, […]
Details on what is a tax equity finance (TEF) transaction and the regulatory requirements affecting banks engaged in one are outlined in a bulletin issued Thursday by the Office of the Comptroller of the Currency […]
The percentage of mortgages that were current and performing in the fourth quarter of 2020 declined 3.2% to 93.3% from a year earlier, the Office of the Comptroller of the Currency (OCC) reported Thursday based […]
The Office of the Comptroller of the Currency’s (OCC) Minority Depository Institutions Advisory Committee (MDIAC) will hold a public meeting via webinar. The committee advises the OCC on steps the regulator may be able to take […]
Reported trading revenue of U.S. commercial banks and savings associations totaled $6.3 billion in the fourth quarter of 2020, down $588 million, or 8.5%, from the previous quarter, the Office of the Comptroller of the […]
The Minority Depository Institutions Advisory Committee (MDIAC) for the Office of the Comptroller of the Currency (OCC) is scheduled to hold a public meeting April 13 via webinar, according to a notice for the Federal […]
The Federal Deposit Insurance Corp. (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC) are seeking comments on regulatory capital rule changes to support the Treasury Emergency Capital Investment Program (ECIP). The […]
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