OCC mandates that USAA delve into automation systems, other technologies
San Antonio-based bank fined $60M
Automation plays a key role in the action plan by the Office of the Comptroller of the Currency (OCC) for USAA Federal Savings Bank, which it fined $60 million in a March 17 cease-and-desist order. The $200.3 billion bank will be required “to take broad and comprehensive actions to improve internal controls, training, staffing and […]
