Tag: Federal Deposit Insurance Corporation

European digital bank bunq, which recently declared a net profit of $57m in 2023, has reportedly raised $31m in new funding.

Key Lending Technology investment stats up to Q3 2023 • Lending Technology deal activity is on track to reach 521 transactions in 2023, a 15%...

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.

Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.

The American Fintech Council (AFC) has named Gary Reeder as its new chief executive officer.

Mobile banking company Varo Money has received approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance, as it moves closer to a national banking charter.

The US conflict with Iran has caused several American regulators to warn businesses that the risk of cyberattacks is on the rise.

An important rule around how large banks measure counter-party credit risk for derivatives contracts has changed.