Federal Deposit Insurance Corp.

AmEx Faces Fed Inquiry On Business Card Sales Tactics
AmEx Faces Fed Inquiry On Business Card Sales Tactics
January 07, 2021  |  Credit Cards

Officials at the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC) and the Treasury Department are looking to see if American Express Co. (AmEx) harnessed...

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Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
June 29, 2020  |  News

In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. Plus, the...

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FDIC Looks To Modernize Bank Reporting
FDIC Looks To Modernize Bank Reporting
June 28, 2020  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled. The...

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Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
October 04, 2018  |  Bank Regulation

Five federal agencies spoke on Wednesday (Oct. 3) on how community banks and credit unions can share resources to boost anti-money laundering (AML) efforts, and make Bank...

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Gruenberg Declines To Answer On His Future In FDIC
Gruenberg Declines To Answer On His Future In FDIC
May 23, 2018  |  Regulation

As his successor is expected to be confirmed soon, Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced questions about having a future leadership role at...

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Congresswoman Waters Introduces Bill To Punish Bad Banks
Congresswoman Waters Introduces Bill To Punish Bad Banks
October 05, 2017  |  Bank Regulation

Top Democrat Maxine Waters has introduced a bill outlining a process to break apart big banks that engage in widespread consumer abuse. According to American...

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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  |  Hmmm

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...

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