FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

FDIC Warns 5 Companies About Statements Around Deposit Insurance
FDIC Warns 5 Companies About Statements Around Deposit Insurance
August 19, 2022  |  Cryptocurrency

The Federal Deposit Insurance Corporation (FDIC) reported Friday (Aug. 19) that it has issued letters to five companies demanding that they cease and desist from...

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Today in the Connected Economy: Amazon Tests Livestream Shopping
Today in the Connected Economy: Amazon Tests Livestream Shopping
August 17, 2022  |  Connected Economy

Today in the connected economy, Amazon is reportedly taking a page from TikTok as it tests a new live stream shopping feature for its app....

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Toomey: FDIC ‘Improperly’ Restricting Crypto Trading Amid Broader U.S. Crackdown
Toomey: FDIC ‘Improperly’ Restricting Crypto Trading Amid Broader U.S. Crackdown
August 17, 2022  |  Cryptocurrency

A clash may be coming between congressional Republicans and federal banking regulators over the treatment of cryptocurrency businesses. Get the Full Story Complete the form...

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PYMNTS Cryptocurrency Glossary: Stablecoins
PYMNTS Cryptocurrency Glossary: Stablecoins
August 11, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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FDIC’s Warning to Voyager Spotlights Broader Concerns about Insuring Crypto
FDIC’s Warning to Voyager Spotlights Broader Concerns about Insuring Crypto
July 29, 2022  |  Cryptocurrency

The Federal Deposit Insurance Corporation (FDIC) just issued bankrupt crypto lender Voyager Digital a stern warning to stop “making false or misleading representations” implying that...

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FDIC Probes Voyager Digital Over Account Insurance Claims
FDIC Probes Voyager Digital Over Account Insurance Claims
July 07, 2022  |  Cryptocurrency

Voyager Digital marketed its deposit accounts for crypto purchases as safe, but customers might not be afforded the protection they thought because their assets weren’t...

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CFPB Warns Businesses Not to Misrepresent FDIC Insurance
CFPB Warns Businesses Not to Misrepresent FDIC Insurance
May 17, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking out for consumers at risk of succumbing to false advertising stemming from misusing the Federal Deposit Insurance...

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FDIC’s New Cybersecurity Rule Kicks Off May 1
FDIC’s New Cybersecurity Rule Kicks Off May 1
April 29, 2022  |  Security & Fraud

Starting May 1, FDIC-supervised banking organizations will need to comply with new reporting rules regarding cyber security incidents.  Get the Full Story Complete the form...

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FDIC Seeks Comments on Mergers Between Banks
FDIC Seeks Comments on Mergers Between Banks
March 27, 2022  |  Banking

The Federal Deposit Insurance Corporation (FDIC) has sent the Federal Register a request for information soliciting comments on the laws and rules around merger transactions...

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