The Federal Deposit Insurance Corp. is instructing its bank examiners to focus their supervision on “material financial risks ...

WASHINGTON — The Federal Deposit Insurance Corp. board on Tuesday issued a proposed rule regarding custodial deposit accounts and finalized its policy on bank merger transactions. The FDIC's proposal ...

The FDIC has issued a proposed rule that would apply to practically all bank-fintech arrangements that use custodial deposit accounts to provide customers with transactional features (also called "FBO ...

Our Financial Services Team studies the Federal Deposit Insurance Corporation’s plans to require insured depository institutions (IDIs) to keep specific records so that they know the actual owner of ...

The Federal Deposit Insurance Corp. (FDIC) is expected to propose new rules impacting For Benefit Of (FBO) accounts which will affect the neobanking sector. According to a report by Bloomberg, the ...

August 12, 2024 - On June 20, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a final rule (Final Rule) which will significantly increase the resolution planning requirements under 12 ...

The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of ...

A Federal Deposit Insurance Corp. initiative to revise regulations on brokered deposits is raising concerns among community banks, which are pushing back on the simmering proposal. Put simply, a ...

Digital channels such as websites and mobile apps have revolutionized how financial products and services reach consumers, offering greater convenience and choice. Nowadays, insured depository ...

WASHINGTON — The post-Synapse-bankruptcy rules holding banks accountable for the money fintechs place with them could keep consumers' funds safe but might also lead to blinding headaches for banks, ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...