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

Google Wallet Funds Now Insured
Google Wallet Funds Now Insured
April 20, 2015  |  News

Google Wallet just made its digital wallet a little more secure. According to a Yahoo Finance report, Google has taken the necessary steps to making...

READ MORE >
FDIC Focused On Nonbanks
FDIC Focused On Nonbanks
October 29, 2014  |  Legal & Regulation

The FDIC is keeping a close eye on nonbank financial companies, including technology startups, and how they’re affecting banks, American Banker reported. FDIC Chairman Martin...

READ MORE >
Payment Processor Porn Pressure
Payment Processor Porn Pressure
October 06, 2014  |  Legal & Regulation

Regulation makes strange bedfellows, and possibly none stranger than pornographers and payments processors who have banded together to fight federal legislation that seeks to limit...

READ MORE >
FDIC’s Gruenberg : Cyber-Threat Defenses Require A ‘Shift In Thinking’
FDIC’s Gruenberg : Cyber-Threat Defenses Require A ‘Shift In Thinking’
September 24, 2014  |  Cybersecurity

New technologies often bring with them new vulnerabilities, and in this period of rapid innovation, banks’ need to manage the associated operational risks is the...

READ MORE >
U.S. Credit Card Debt Set To Reach Pre-Recession Levels
U.S. Credit Card Debt Set To Reach Pre-Recession Levels
September 16, 2014  |  Exclusive Series

U.S. consumers racked up credit-card debt in Q2 twice as fast as at any time since the recession — and credit-card charge-off rates appear to...

READ MORE >
FDIC: Bank Loans Soaring, Risk-Taking Begins
FDIC: Bank Loans Soaring, Risk-Taking Begins
September 01, 2014  |  News

Banks in the U.S., trying to fight back revenue declines, “boosted lending in the second quarter at a pace unseen since the financial crisis,” according...

READ MORE >