Coinbase has reportedly gotten regulatory approval to establish a nationally-chartered trust bank. The approval by the U.S. Office of the Comptroller of the Currency (OCC)...
The Office of the Comptroller of the Currency (OCC) has issued a supervisory framework designed to support the regulator’s examiners when they evaluate banks’ use...
British regulators are reportedly reviewing Revolut’s process for approving new products. The Bank of England’s Prudential Regulation Authority (PRA) issued what is known as a...
Banking watchdogs are reportedly ramping up efforts to control increasing risks from artificial intelligence (AI). This heightened oversight is being driven in part by the...
Citi aims to submit an internal audit to banking regulators by the first quarter of 2027, if not earlier, in hopes that the regulators will...
Compliance remains labor-intensive for financial institutions, which must satisfy multiple regulators and meet extensive documentation requirements. Leela is built to perform much of that work...
Watch more: The Digital Shift With Operation Shamrock’s Erin West The morning before she spoke with PYMNTS CEO Karen Webster, Erin West took a call...
The Office of the Comptroller of the Currency (OCC) said in a bulletin released Monday (Sept. 21) that it updated the structure and references of...
State banking regulators are giving financial institutions a clearer view of how examiners may assess artificial intelligence, including generative AI systems that remain outside federal model-risk guidance....