Hackers spied on 100 US bank regulators’ emails for over a year
Hackers intercepted about 100 bank regulators’ emails for more than a year, gaining access to messages containing agency deliberations and ...
Tag: U.S. Office of the Comptroller of the Currency (OCC)
Fintech acquires bank to gain banking charter license
SmartBiz, a fintech providing loans to small and medium-sized businesses, has completed its acquisition of United Community Bancshares and its subsidiary, ...
Citi fined $136M for failing to fix regulatory issues
Citigroup Inc. will pay almost $136 million in fines to US bank regulators over issues related to data-quality management and ...
Banks and fintechs should perform ‘trust exercises’ amid OCC scrutiny of BaaS
It may just be that banking-as-a-service (BaaS) providers and fintechs have grown into unique and now mature collaborators that justify ...
OCC mandates that USAA delve into automation systems, other technologies
Automation plays a key role in the action plan by the Office of the Comptroller of the Currency (OCC) for ...
Listen: 30% of community banks adding crypto services in next 18 months
A growing number of community banks are considering adding cryptocurrency services, and it could give them an edge in the ...
SoFi rises after regulator approves U.S. bank charter
SoFi Technologies Inc., the financial firm led by former Twitter Inc. executive Anthony Noto, surged after the Office of the ...
Banks using outdated processes could draw 5x bigger fines in 2022
U.S. regulatory authorities may be less lenient about bank accounting and reporting errors stemming from old technologies — like spreadsheets ...
OCC: Banks must prove they can manage stablecoin, crypto risk
The Office of the Comptroller of the Currency today published a legal interpretation of letters issued in July and October ...
Crypto oversight road map is set by U.S. banking regulators
U.S. banking agencies have issued a to-do list of their plans to tackle oversight of the cryptocurrency industry next year. ...
