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

Amid AML Efforts, Regulators Focus On FinTech
Amid AML Efforts, Regulators Focus On FinTech
December 10, 2018  |  Regulation

Much regulatory focus this past week came with headlines on anti-money-laundering efforts, aided by tech. Get the Full Story Complete the form to unlock this...

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FDIC Seeks Public Comment On Banks And Small-Dollar Loans
FDIC Seeks Public Comment On Banks And Small-Dollar Loans
November 14, 2018  |  Loans

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions. Get...

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FDIC To Help Banks Embrace Tech, Innovation
FDIC To Help Banks Embrace Tech, Innovation
October 25, 2018  |  Banking

The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...

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Number Of Unbanked Americans Plummets
Number Of Unbanked Americans Plummets
October 24, 2018  |  Consumer Finance

A new survey revealed that the percentage of unbanked Americans fell to the lowest level since the 2007-2009 financial crisis. Get the Full Story Complete...

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FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
October 03, 2018  |  B2B Payments

A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. Get the Full Story Complete the...

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$8B In Bad Credit Card Debt Write-Offs Worry US Banks
$8B In Bad Credit Card Debt Write-Offs Worry US Banks
August 21, 2018  |  Consumer Finance

With the rate of delinquent credit card holders slowly rising, some banks are scaling back on opening new accounts. Get the Full Story Complete the...

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Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
August 08, 2018  |  Bitcoin

A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto...

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FDIC Chief To Revisit Banking, Lending Rules
FDIC Chief To Revisit Banking, Lending Rules
August 07, 2018  |  Bank Regulation

Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams is set to review policies being proposed by other Trump-appointed officials, including rules on bank capital, small-dollar loans...

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Square Pulls Banking Application
Square Pulls Banking Application
July 06, 2018  |  Banking

Though Square has reportedly withdrawn its application to create a deposit-taking bank, the payments processor intends to file the application again in the future. The firm...

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