Browsing: Banks

Comptroller of the Currency Jonathan Gould — serving as OCC General Counsel at the time — authored a 2021 interpretive letter allowing firms with national trust…

In Scott Simpson’s view, credit unions are under attack. And starting this fall, he’ll get the chance to defend them from his highest perch yet.On Nov.…

As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to include challenges to…

A former U.S. Bank employee who once spearheaded its AI initiatives is now suing the bank, claiming it discriminated against him, illegally fired him and defamed…

Who owns bank customers’ data? It’s a murky legal question, and answering it will determine the relationship between banks and fintechs in a future of open…

The Federal Reserve announced Friday the end of a program created in 2023 intended to supervise how banks use emerging technologies, echoing changing attitudes in Washington…

A page from an internal IBM training in 1979. For as long as artificial intelligence has existed, people have worried about its potential harms. In the…

Bank trade groups are asking a federal court to halt enforcement of the Consumer Financial Protection Bureau’s open banking rule and extend compliance dates while the…

A little more than a year after the Community Development Bankers Association and National Bankers Association launched an initiative to place deposits in mission-focused financial institutions,…

Slashing capital requirements for the largest banks shows where the Federal Reserve’s priorities lie — and it’s not with community banks. This will make it harder…