OC&C

On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
December 05, 2023  |  Innovation

A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public...

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Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023  |  Bank Regulation

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...

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Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
September 01, 2023  |  Bank Regulation

The increased scrutiny of regional banks — and a boost in capital requirements — may drive them towards FinTech partnerships to shore up compliance and...

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Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
May 08, 2023  |  Bank Regulation

Regulators’ concerns about TD Bank’s anti-money laundering (AML) practices reportedly ended its plans to acquire First Horizon Bank. Get the Full Story Complete the form...

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OCC Says Banks Should Consider Lower-Cost Alternatives for Covering Overdrafts
OCC Says Banks Should Consider Lower-Cost Alternatives for Covering Overdrafts
April 26, 2023  |  Banking

Banks should consider offering lower-cost alternatives for covering overdrafts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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OCC Taking Closer Look at JPMorgan’s Acquisition Due Diligence
OCC Taking Closer Look at JPMorgan’s Acquisition Due Diligence
April 07, 2023  |  Acquisitions

A regulator is reportedly looking into JPMorgan Chase’s due diligence on recent acquisitions. Get the Full Story Complete the form to unlock this article and...

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Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
March 02, 2023  |  Cryptocurrency

Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. Get the Full Story Complete the form to...

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Agencies: Banks Must Manage Risk Around Crypto-Assets
Agencies: Banks Must Manage Risk Around Crypto-Assets
January 03, 2023  |  Cryptocurrency

Three U.S. agencies said that banks must be wary of the risks of crypto-assets. Get the Full Story Complete the form to unlock this article...

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OCC Says Banks Should Remain Wary of Crypto Activities 
OCC Says Banks Should Remain Wary of Crypto Activities 
December 09, 2022  |  Cryptocurrency

Crypto assets are an emerging risk facing banks, a regulatory agency says.  Get the Full Story Complete the form to unlock this article and enjoy...

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